Taxes

2024 Capital Gains Tax Rates in Europe | Tax Foundation Skip to content Home • Data • Capital Gains Tax Rates in Europe, 2024 Table of Contents In many countries, investment income, such as dividends and capital gains, is taxed at a different rate than wage income. Today’s map focuses on how capital gains taxA

Illinois Governor Pritzker Budget Tax Proposals (FY 2025) Skip to content Home • Blog • Evaluating the Proposed Tax Changes in Illinois Governor’s FY 2025 Budget In his FY 2025 budget, Illinois Gov. J. B. Pritzker (D) outlined numerous proposed taxA tax is a mandatory payment or charge collected by local, state, and national governments

Supply-Side Economics vs. Industrial Policy: TCJA, IRA, CHIPS Act Skip to content Table of Contents Key Findings 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. Cuts and Jobs Act (TCJA), enacted in

Maryland Ready-to-Drink Cocktail Tax Proposal Skip to content Home • Blog • Maryland Proposes a Lower Tax Category for Ready-to-Drink Cocktails Recent innovations in alcohol production have created a boon for alcoholic beverage consumers. However, taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to

Biden State of the Union Address: Tax Proposals | Tax Foundation Skip to content Table of Contents President Biden’s 2024 State of the Union Address presented a vision of higher taxes for American businesses and high earners combined with carveouts, credits, and more complex rules for taxpayers at all income levels. Rather than aiming for

Vermont Wealth Tax Proposal: Details & Analysis | Tax Foundation Skip to content Home • Blog • Vermont Lawmakers Consider Harmful Taxes on the Wealthy Vermont lawmakers are considering the adoption of two new taxes on high earners, which proponents have branded “wealth taxes.” These proposals are not wealth taxes in the way that term

OECD Pillar One and Future of Digital Services Taxes | Testimony Skip to content Table of Contents Note: The following is the testimony of Daniel Bunn, President & CEO of 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

US-China Competition: Technology & R&D Tax Treatment Skip to content Home • Blog • U.S. Must Fix R&D Treatment to Compete with China As the United States Senate debates a tax deal that would (among other things) restore neutral taxA tax is a mandatory payment or charge collected by local, state, and national governments from

The Short Form: Why Your Tax Refund Is Nothing to Celebrate Skip to content Home • Blog • Why Your Tax Refund Is Nothing to Celebrate 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

Tangible Personal Property Taxes by State, 2024 | Tax Foundation Skip to content Does Your State Have a Small Business Exemption for Machinery and Equipment? In most states, businesses not only pay taxes on their real property (land and structures), but also on their machinery, equipment, fixtures, and supplies, which are classified as tangible personal

Portugal Corporate Taxes Stifle Investment and Economic Growth Skip to content Home • Blog • Portugal’s Corporate Taxes Stifle Investment and Economic Growth Note: This post is part of a series on Portugal’s taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the

Virginia Sales Tax Reform Proposal: B2B Digital Services Skip to content Home • Blog • Virginia Considers Expanding Its Sales Tax Base to B2B Digital Services What is the difference between good and bad taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover