Tax Foundation
Recent News About Tax Foundation
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Governor Wes Moore of Maryland has proposed significant tax changes to address the state's projected $3 billion budget deficit for fiscal year 2026.
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European countries, like many around the world, impose corporate income taxes on business profits.
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With ongoing conflict in Ukraine, political challenges in France and Germany, and Donald Trump's return to the U.S. presidency, Europe faces potential shifts this year.
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Americans showed a preference for relocating to low-tax states in 2024, as indicated by the latest U.S. Census Bureau data on interstate migration and commercial datasets from U-Haul and United Van Lines.
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A value-added tax (VAT) is a consumption tax assessed on the value added at each production stage of a good or service.
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A super-deduction is a tax policy that allows businesses to deduct more than the full amount of their eligible expenses from taxable income.
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Alex Muresianu, a policy analyst at the Tax Foundation, said the recent debt ceiling deal did not address significant fixes to the tax code, leaving outstanding issues such as research and development amortization unresolved.
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Katherine Loughead, a senior policy analyst with the nonpartisan Tax Foundation, recently made recommendations to improve Wisconsin’s tax structure and competitiveness in her testimony before the state legislature’s Committee on Ways and Means.