Senator Bernie Sanders Introduces Billionaire Wealth Tax Proposal to Fund Social Programs Amidst Growing Inequality Debate
Senator Bernie Sanders (I-VT) recently introduced landmark legislation proposing a 5 percent annual wealth tax on billionaires, aiming to funnel the substantial revenue generated into direct payments for American citizens…
Ohio Moves to Align with Federal R&E Expensing, Bolstering Innovation and Economic Competitiveness
Ohio policymakers are currently navigating the complex landscape of tax conformity, specifically addressing alignment with the Internal Revenue Code (IRC) following the recent passage of the federal One Big Beautiful…
New Mexico’s SB 151 Poised to Reshape Corporate Tax Landscape, Drawing Concerns Over Economic Competitiveness and Investment
A recently passed bill in the New Mexico legislature, Senate Bill 151 (SB 151), is set to significantly alter the state’s corporate tax environment, sparking considerable debate among economic policy…
Navigating the AI Revolution: Tax Policy Debates and the Imperative for Forward-Thinking Reforms
The pervasive influence of Artificial Intelligence (AI) has transcended technological and industrial spheres, firmly embedding itself within the critical discourse surrounding tax policy. This burgeoning intersection was the focal point…
Delaware’s Proposed Tobacco Tax Hikes Spark Debate Over Regressivity, Revenue Stability, and Public Health Goals
Delaware Governor John Carney’s administration has put forth a budget proposal that includes substantial increases in tobacco taxes, aiming to generate approximately $18.9 million in new state revenue, but the…
EU Member States Forge Ahead with Global Minimum Tax Implementation, Reshaping Transatlantic Economic Landscape
European Union Member States are actively progressing with the implementation of the side-by-side agreement, a pivotal accord reached by the G7 nations last year that effectively harmonized the United States’…
Unexpected Windfalls: Understanding the Larger Tax Refunds Driven by the Landmark One Big Beautiful Bill Act
Many taxpayers across the nation are observing a notable increase in their tax refunds this filing season, a direct consequence of the sweeping legislative changes introduced by the One Big…
The Labyrinthine Landscape of Vaping Taxation: Balancing Public Health, Revenue, and Harm Reduction
The vaping industry has grown rapidly in recent decades, transforming from a niche market into a well-established product sector that provides a less harmful alternative to cigarettes for those wishing…
Tax Foundation to Host Critical Financial Literacy Webinar, Unpacking Post-Filing Season Tax Impacts and the Proposed ‘One Big Beautiful Bill Act’
As the annual tax filing season draws to a close, leaving tax considerations at the forefront of many Americans’ minds, the Tax Foundation’s educational arm, TaxEDU, has announced a pivotal…
2026 Capital Gains Tax Rates in Europe: A Comprehensive Analysis of Top Marginal Rates on Long-Held Listed Shares
Europe presents a highly diverse landscape for capital gains taxation in 2026, with top marginal rates on individuals owning long-held listed shares without substantial ownership ranging dramatically from a full…

















