🎉 The new rankings are in! 🌎 2025 International Tax Competitiveness Index ➡️ taxfoundation.org/competition
Tax Foundation
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Leading nonpartisan tax policy research and analysis.
⚡ Our new analysis of the House Ways & Means "Big Beautiful Bill" tax plan: taxfoundation.org/research/all...
Tariffs are taxes. Tariffs are regressive taxes. Tariffs are distortionary, regressive taxes. Tariffs are distortionary, regressive taxes that raise prices for US businesses and consumers.
Contrary to the president’s promises, the #tariffs will cause short-term pain and long-term pain, no matter the ways people and businesses change their behavior.
Lawmakers can constrain the runaway growth of property taxes—without creating more issues. But the details matter. taxfoundation.org/research/all...
Confronting the New Property Tax Revolt
Policymakers can and should address taxpayers’ legitimate grievances about out-of-control property tax bills, but they should do so without upending a system of taxation that is more efficient, fair, ...
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Frustrated with tipping? "No tax on tips" could make it worse. taxfoundation.org/blog/tipping...
Frustrated with Tipping? No Tax on Tips Could Make It Worse
“No tax on tips” might be a catchy idea on the campaign trail. But it could create plenty of headaches, from figuring out tips on previously untipped services to an unexpectedly large loss of federal ...
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Only three states raise enough revenue to fully cover their highway spending. With most states unable fund their roadways using existing user fees, road funding is in dire need of a better system.
When the US imposes tariffs on imports, businesses in the United States directly pay import taxes to the US government on their purchases from abroad.
Who Pays Tariffs? Americans Will Bear the Costs of the Next Trade War
Contrary to President Trump’s claims, Americans will bear the costs of the next trade war in the form of lower incomes as tariffs cause prices of imported goods to rise.
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🗓️ Save the Date! Join us on Thursday, April 10th for our joint conference hosted by the Tax Foundation, University of North Carolina Tax Center, and Massachusetts Institute of Technology Sloan School of Management. Learn more and register: taxfoundation.org/event/2025-t...
New Directions in Tax Policy: Budgetary and Other Challenges of an Increasingly Complex Tax Code
The Tax Foundation, University of North Carolina Tax Center, and Massachusetts Institute of Technology Sloan School of Management are hosting a joint conference to discuss New Directions in Tax Policy...
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2024 Tax Brackets These inflation adjustments are for tax year 2024, for which taxpayers will file tax returns in early 2025: taxfoundation.org/data/all/fed...
Trump's tariffs on Mexico, Canada, and China would rank as the largest tax increase since 1993 and the 8th largest peacetime tax increase since 1940.
Trump's tariffs on Mexico, Canada, and China would shrink GDP by 0.4% and amount to an average tax increase of more than $800 per US household in 2025, according to our latest analysis: taxfoundation.org/research/all...
Trump often cites President McKinley as an inspiration for his personal affinity for tariffs. But it's worth noting some of McKinley’s final words on tariffs in a 1901 speech: “Isolation is no longer possible or desirable...Commercial trade wars are unprofitable." taxfoundation.org/blog/trump-m...
Trump’s Tariff Proposals Would Raise Tariff Rates to Great Depression-Era Levels
Using tariff policy to reallocate investment and jobs is a costly mistake—that’s a history lesson we should not forget.
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Different taxes have different economic effects, so policymakers should always consider how tax revenue is raised and not just how much is raised. taxfoundation.org/data/all/fed...
Sources of U.S. Tax Revenue by Tax Type, 2024
Different taxes have different economic effects, so policymakers should always consider how tax revenue is raised and not just how much is raised.
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