Taxes

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,

Universal Savings Accounts: Improving Financial Security in the US Skip to content Table of Contents Key Findings Since the 1970s, saving policy in the U.S. has primarily revolved around boosting retirement saving and other narrowly defined categories of saving, such as for health care and education, through complex rules and limitations that primarily benefit high-income

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

Tax Cuts and Jobs Act Expensing: Cost Recovery Analysis Skip to content Home • Blog • How Did the Tax Cuts and Jobs Act Change Cost Recovery? Note: This post is part of a series exploring the upcoming TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals

Net Operating Loss (NOL) Tax Provisions in Europe, 2024 Skip to content Table of Contents Loss carryover provisions allow businesses to either deduct current year losses against future profits (carryforwards) or current year losses against past profits (carrybacks). Many companies have investment projects with different risk profiles and operate in industries that fluctuate greatly with

Taxing High Incomes: Marginal Taxes on High Incomes in the EU Skip to content Table of Contents Key Findings Across Europe, there is an ongoing campaign for higher taxes on high-income individuals, sustained through public and political advocacy. High marginal taxA tax is a mandatory payment or charge collected by local, state, and national governments

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

EU Global Minimum Tax Implementation Challenges Skip to content Home • Blog • New Report Identifies Challenges with Global Minimum Tax Implementation in the EU European Union Member States are in the process of implementing the global minimum taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals

Can Economic Growth Help Solve US Debt Problem? Skip to content Home • Blog • Can Economic Growth Help Solve Our Debt Problem? This is part of our educational blog series, “The Short Form,” to simplify taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses

Blog July 19, 2023February 8, 2024 Weeding the Garden of International Tax Simplifying international tax rules will not solve all the challenges that stand in the way of healthy cross-border investment, but eliminating unnecessary provisions would be a positive pivot relative to the trajectory of recent years. It’s high time that policymakers stopped pursuing ever

Moore Case: Why We’re Closely Watching Moore v. U.S. Skip to content Home • Blog • Why We’re Closely Watching Moore v. U.S. In the coming days or weeks, the Supreme Court is expected to release an opinion on Moore v. United States, a case with potentially significant consequences for taxA tax is a mandatory

Does Your State Have a Gross Receipts Tax? Skip to content This week’s 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. map will consider the effects of an alternative form of corporate taxation,