Tax Foundation
Recent News About Tax Foundation
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The Inflation Reduction Act (IRA) has introduced several new tax breaks, many of which are proving to be more costly than initially anticipated.
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Governments across the United States are grappling with funding challenges for road infrastructure and maintenance.
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President Trump has acknowledged that his tariffs may cause "short term [cause] some little pain" but insists they will be "worth the price that must be paid."
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President Donald Trump has announced an increase in tariffs on Canada, Mexico, and China.
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Legislators in Maryland have introduced several proposals aimed at increasing taxes on businesses to address the state's budget deficit.
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Minnesota is considering a legislative proposal that could ease tax burdens for nonresident business travelers.
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In a recent development concerning the future of tax policy in the United States, President Trump has advocated for making the 2017 Tax Cuts and Jobs Act (TCJA) permanent.
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The Tax Foundation has provided an update on its General Equilibrium Model, also known as the Taxes and Growth (TAG) Model.
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Congress has delegated its authority to set tariffs and negotiate trade to the president, a power that has been used by the executive branch over the years to both reduce trade barriers and impose tariffs when necessary.
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The debate over infrastructure funding has highlighted a pressing issue: the decline in highway revenues due to the rise of electric vehicles (EVs).
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House Republicans are considering implementing new limits on corporate state and local tax (C-SALT) deductions as part of a broader reconciliation bill that seeks to extend the 2017 tax cuts and introduce other spending changes.
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The state of Oregon is currently evaluating several legislative proposals aimed at reforming its estate tax system.
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The potential permanent extension of the Tax Cuts and Jobs Act (TCJA) provisions, set to expire in 2026, could have significant economic, revenue, and distributional impacts according to an analysis by the Tax Foundation.
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Net wealth taxes, which are recurrent levies on an individual's total assets minus liabilities, remain a contentious issue in Europe.
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The Tax Foundation has announced enhancements to its Taxes and Growth model, which assesses the economic, revenue, and distributional impacts of changes to the federal tax code.
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The Tax Cuts and Jobs Act (TCJA), enacted in 2017, reformed the federal tax code by changing individual and business taxes.
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The German economy has been shrinking for two consecutive years, and business confidence remains low.
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The Tax Foundation has called for permanent full expensing for capital investment as a crucial element in the tax reform package being crafted by Republicans this year.
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Germany's economy is facing a prolonged recession, with GDP stagnating for two years and not surpassing pre-pandemic levels.
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President Trump has announced a new round of tariffs targeting imports from Canada, Mexico, China, and other countries.