Taxes

UN Tax Cooperation: International Tax Cooperation Skip to content Home • Research • Research • Tax Foundation Response to UN Request for Public Input on a Framework Convention on International Tax Cooperation Table of Contents Latest Updates Updated to reflect the latest UN request for public input. Originally published. See Full Timeline The TaxA tax
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Presented by: Jared Walczak Manish Bhatt Property taxes are a mainstay of local government finance, but soaring tax burdens have many homeowners clamoring for relief—and in some states, they’re propelling movements to dramatically reduce reliance on property taxes or to eliminate them altogether. A well-designed property tax is more neutral, transparent, and economically efficient than
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“Bring Chicago Home” Ballot Measure: Chicago “Mansion Tax” Skip to content Home • Blog • A Chicago “Mansion Tax” Would Hurt Small Businesses, Customers, Employees, and Renters During Illinois’ primary election on March 19th, Chicago voters will decide whether to change the city’s real estate transfer taxA tax is a mandatory payment or charge collected
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Nebraska EPIC Option | Consumption Tax Plan: Details & Analysis Skip to content Table of Contents Key Findings A potential Nebraska ballot initiative, known as the EPIC Option, would eliminate all income, property, and inheritance taxes and replace them with a statewide consumption taxA consumption tax is typically levied on the purchase of goods or
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Who Pays Federal Income Taxes? Latest Federal Income Tax Data Skip to content Table of Contents New Internal Revenue Service (IRS) data on individual income taxes for taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods,
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Taxes and Migration: New Evidence from Academic Research Skip to content Home • Blog • Taxes and Migration: New Evidence from Academic Research Do taxes affect individuals’ decisions regarding where to live and work? Can high taxes cause the outmigration of wealthy individuals? If so, why should national and state governments care about that? Academics
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2024 Capital Gains Tax Rates in Europe | Tax Foundation Skip to content Home • Data • Capital Gains Tax Rates in Europe, 2024 Table of Contents In many countries, investment income, such as dividends and capital gains, is taxed at a different rate than wage income. Today’s map focuses on how capital gains taxA
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US-China Competition: Technology & R&D Tax Treatment Skip to content Home • Blog • U.S. Must Fix R&D Treatment to Compete with China As the United States Senate debates a tax deal that would (among other things) restore neutral taxA tax is a mandatory payment or charge collected by local, state, and national governments from
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Maryland Ready-to-Drink Cocktail Tax Proposal Skip to content Home • Blog • Maryland Proposes a Lower Tax Category for Ready-to-Drink Cocktails Recent innovations in alcohol production have created a boon for alcoholic beverage consumers. However, taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to
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Supply-Side Economics vs. Industrial Policy: TCJA, IRA, CHIPS Act Skip to content Table of Contents Key Findings The TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. Cuts and Jobs Act (TCJA), enacted in
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The Short Form: Why Your Tax Refund Is Nothing to Celebrate Skip to content Home • Blog • Why Your Tax Refund Is Nothing to Celebrate This is part of our educational blog series, “The Short Form,” to simplify taxA tax is a mandatory payment or charge collected by local, state, and national governments from
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Medicare & Social Security Tax Options for Sustainability Skip to content Home • Blog • Sustainably Reforming Social Security and Medicare Will Need More than Just Tax Hikes The Congressional Budget Office’s (CBO) latest forecast shows a key driver of ongoing federal deficits is the growth in Social Security and Medicare. Political disagreement over the
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Wealth Taxes in Europe, 2024 | Tax Foundation Skip to content Net wealth taxes are recurrent taxes on an individual’s wealth, net of debt. The concept of a net wealth taxA wealth tax is imposed on an individual’s net wealth, or the market value of their total owned assets minus liabilities. A wealth tax can
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The Fatal Flaw of Pillar Two (Global Minimum Tax) | Tax Foundation Skip to content Home • Blog • The Fatal Flaw of Pillar Two Pillar Two, the international global minimum taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of
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