Tax Foundation Blog
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Explore our leading tax blog to stay informed on our latest tax research, analysis, and resources, and for trusted information on tax policy. The Tax Foundation is the nation's leading independent tax policy research organization. Since 1937, our principled research, insightful analysis, and engaged experts have informed smarter tax policy at the federal, state, and local levels. We..
Tax Foundation Blog
12h ago
The outcome of the digital tax debate will likely shape domestic and international taxation for decades to come. Designing these policies based on sound principles will be essential in ensuring they can withstand challenges arising in the rapidly changing economic and technological environment of the 21st century ..read more
Tax Foundation Blog
12h ago
States have generally tried to encourage capital investment. Throwback and throwout rules are an unfortunate example of penalizing it ..read more
Tax Foundation Blog
6d ago
The TCJA improved the U.S. tax code, but the meandering voyage of its passing and the compromises made to get it into law show the challenges of the legislative process ..read more
Tax Foundation Blog
1w ago
All taxes tell a story, and today we’ll explore how taxes influenced Bob Dylan's decision to sell his music catalog, how the "chicken tax" reshaped the auto industry, and how the historic "tax on air and light" had profound effects on architecture and living conditions ..read more
Tax Foundation Blog
1w ago
BEAT is intended to address a legitimate problem, and there are virtues to BEAT’s overall strategic approach; however, its execution leaves room for improvement ..read more
Tax Foundation Blog
1w ago
As tempting as inheritance, estate, and gift taxes might look—especially when the OECD notes them as a way to reduce wealth inequality—their limited capacity to collect revenue and their negative impact on entrepreneurial activity, saving, and work should make policymakers consider their repeal instead of boosting them ..read more
Tax Foundation Blog
1w ago
Here’s how much NFL players can expect to pay in state and local income taxes—to all relevant states—at multiple salary levels, by team ..read more
Tax Foundation Blog
2w ago
If reelected, President Trump would drastically escalate the trade war he started during his first term. But what often goes unnoticed is President Biden’s role in continuing Trump’s first trade war. In fact, more tax revenue from the trade war tariffs has been collected under Biden than under Trump ..read more
Tax Foundation Blog
2w ago
What Is the Importance of Gross Income? Gross income is the starting point in calculating an individual’s or business’ tax liability. Individuals calculate gross income by adding wages or salary, tips, dividends, interest, capital gains, income from rental properties, alimony, and pensions. Not all income is included in gross income for tax purposes, such as ..read more
Tax Foundation Blog
2w ago
One relatively easy but meaningful step policymakers can take to make future tax seasons less burdensome is to modernize their state’s nonresident income tax filing, withholding, and reciprocity laws ..read more