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

Cannabis Tax Revenue & Nationwide Cannabis Tax Policy Blueprint Skip to content December 14, 2023December 13, 202316 min readBy: Adam Hoffer Table of Contents Key Findings Twenty-one states now 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

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

Ukraine Tax Reform Is Key to Country’s Economic Health Skip to content Home • Blog • Tax Reform Is Key to Ukraine’s Economic Health, Now and after the War The European Council will meet this week to consider the status of Ukraine’s European Union membership application. Some Member States are skeptical that EU funds will

Corporate Tax Rates around the World, 2023 Skip to content Table of Contents Key Findings In 2023, 13 countries made changes to their statutory corporate income taxA corporate income tax (CIT) is levied by federal and state governments on business profits. Many companies are not subject to the CIT because they are taxed as pass-through

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

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

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.),

Indiana Local Income Taxes Compatible with State Tax Reform? Skip to content Home • Blog • Are Local Income Taxes Compatible with State Tax Reform? Insights from Indiana 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 government

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

Moore Tax Case & Realization Principle | Tax Foundation Skip to content Home • Blog • Why Moore v. U.S. Won’t Get Us a Consumption Tax Base The U.S. federal income taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of

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