Taxes

TCJA Pass-Through Business Tax Reform: Details & Analysis Skip to content Home • Blog • How the TCJA Affected Legal Business Forms 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
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Tariffs are a hot topic this election cycle for both President Biden and former President Trump. But why are tariffs so popular despite their economic downsides? In this episode, we unpack tariffs’ role in the political playbook, their impact on manufacturing jobs and consumers, and the Biden administration’s review of Trump-era tariffs. Erica York, Senior
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Capital Allowances | Capital Cost Recovery across the OECD, 2024 Skip to content Table of Contents Key Findings A capital allowanceA capital allowance is the amount of capital investment costs, or money directed towards a company’s long-term growth, a business can deduct each year from its revenue via depreciation. These are also sometimes referred to
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Presented by: Will McBride Chris Edwards The Tax Foundation is hosting an online discussion with Will McBride and Chris Edwards on universal savings accounts, their track record in Canada and the United Kingdom, and how they could help Americans save more. According to the Federal Reserve, the portion of Americans with emergency savings to cover
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National Tax Poll: Understanding Taxes Skip to content Home • Blog • National Tax Literacy Poll: Understanding the Tax Code Recently, 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. Foundation’s educational program,
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Distilled Spirits Taxes by State | Liquor Taxes | Alcohol Taxes Skip to content Table of Contents Distilled spirits lead American alcohol sales. In 2023, spirits sales (42 percent of market share) outpaced beer sales (41.9 percent of market share) for the second straight year. Newer products like spirits-based hard seltzers and ready-to-drink cocktails have
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Kansas Tax Reform & Relief, 2024: Details & Analysis Skip to content Home • Blog • Kansas Lawmakers Should Prioritize Pro-Growth, Structurally Sound Tax Reforms in Special Session Despite working all legislative session on a major taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses
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