Taxes

Is the Republican Foreign Pollution Fee Act a Carbon Price? Skip to content Home • Blog • Is the Foreign Pollution Fee Act a Carbon Price? A national-level carbon price—a 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

Retirement Saving Reforms: Details & Analysis Skip to content Home • Blog • How Recent Reforms to Retirement Saving Will Impact Taxpayers in 2024 and Beyond As part of an omnibus spending package last December, Congress enacted several changes to retirement savings accounts that are scheduled to phase in over the next several years. The

Treasury Public Input Pillar One Response Skip to content Table of Contents 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. Foundation appreciates the opportunity to respond to the Treasury Department’s request for public

Personal Property Tax Exemptions for Small Businesses Skip to content Table of Contents Key Findings Most states 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. business personal property (machinery, equipment, fixtures, electronics, etc.),

SALT Deduction Cap Design Options: Details & Analysis Skip to content Home • Blog • Policymakers Must Weigh the Revenue, Distributional, and Economic Trade-Offs of SALT Deduction Cap Design Options Heading into 2024, Congress is inching closer to a raft of taxA tax is a mandatory payment or charge collected by local, state, and national

Cigarette Taxes | Cigarette Smuggling by State | Tax Foundation Skip to content Home • Data • Cigarette Taxes and Cigarette Smuggling by State, 2021 December 5, 2023December 4, 202317 min readBy: Adam Hoffer Table of Contents Key Findings: Excessive taxA tax is a mandatory payment or charge collected by local, state, and national governments

2023 Tax Extenders: Details & Analysis Skip to content Home • Blog • Tax Extenders in 2023: Three Major Business Provisions and an Expanded Child Credit? For many years, December in Washington, D.C., has been taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to

Parts of TCJA are expiring soon—Here’s what that means for you Skip to content Home • Blog • The Short Form: Parts of the TCJA Are Expiring Soon—Here’s What That Means for You This is part of our educational blog series, “The Short Form,” to simplify tax issues and explore the world through the lens

Tim Scott Tax Plan: Details & Analysis | Tax Foundation Skip to content Home • Blog • Tim Scott Suspends 2024 Campaign but the Need for His Cost Recovery Tax Policies Remains In mid-November, U.S. Senator Tim Scott (R-SC) suspended his 2024 presidential campaign. Scott’s decision is a loss for taxpayers and people interested in

UK Full Expensing to Be Made Permanent | Tax Foundation Skip to content Home • Blog • Full Expensing to Be Made Permanent in the United Kingdom In his Autumn Statement released today, British Chancellor Jeremy Hunt announced that full expensingFull expensing allows businesses to immediately deduct the full cost of certain investments in new

State and Local Tax Collections Per Capita by State (FY 2021) Skip to content Table of Contents Contrary to initial expectations, the pandemic years were good for state and local 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

OECD Tax Rankings: 2023 International Tax Competitiveness Index Skip to content Home • Blog • Movers and Shakers in the International Tax Competitiveness Index The 2023 version of the International Tax Competitiveness Index is the 10th edition of the report. Over the years, many different researchers at the TaxA tax is a mandatory payment or