States Grapple with Digital Taxation, Revealing Hidden Costs for Everyday Consumers
Across the country, policymakers are increasingly interested in taxing data processing and businesses’ digital services, a trend driven by evolving economic landscapes and the perceived need to expand state revenue…
The World Health Organization’s Tobacco Tax Recommendations Face Scrutiny Over Efficacy and Equity
A growing debate is challenging the World Health Organization’s (WHO) preferred methodology for tobacco taxation, specifically its recommendation that taxes account for at least 75 percent of the final retail…
The Bifurcated Burden: How US R&D Tax Policy Shapes American Innovation and Global Competitiveness
Within the intricate framework of the United States tax code, the treatment of research and development (R&D) expenditures serves as a critical determinant, influencing where, how, and indeed, whether American…
The Enduring Allure and Economic Realities of State Sales Tax Holidays
Sales tax holidays, those designated periods when select goods or services are temporarily exempted from state, and sometimes local, sales taxes, continue to demonstrate remarkable political popularity across the United…
2025 Trade War Timeline & Current US Tariff Policy
President Trump signed an executive order on January 20, 2025, initiating a new chapter in global trade policy by instructing key cabinet secretaries to develop comprehensive reports on prevailing trade…
Understanding the Long-Run Economic Impact of Tax Policy: A Deep Dive into GDP, GNP, Capital Stock, and Dynamic Scoring.
The Tax Foundation employs sophisticated economic modeling to project the long-run impact of proposed tax policies, a process known as comparative statics. This methodology essentially estimates what the current economic…
European Capital Allowance Policies: A Crucial Driver of Investment and Economic Growth
While often secondary in public discourse surrounding corporate taxation, capital allowances are fundamental to a nation’s corporate tax base and profoundly influence business investment decisions, carrying significant, far-reaching economic consequences.…
Capital Cost Recovery across the OECD
The global economic landscape is currently navigating a complex confluence of challenges, including persistent geopolitical tensions, recurrent supply chain disruptions, rising interest rates, and subdued economic growth across numerous developed…
The Evolving Tapestry of American Taxation: A 250-Year Journey of Federal Revenue and Policy
The United States federal tax system has undergone a profound transformation over the past two and a half centuries, mirroring the nation’s own evolution from a nascent republic to a…
North America at a Crossroads: The USMCA’s 2026 Sunset Review Threatens Trade Stability Amidst Calls for Extension
As the United States, Mexico, and Canada approach the pivotal first formal review deadline for the US-Mexico-Canada Agreement (USMCA) in July 2026, policymakers across the continent are confronted with a…

















