Understanding Border Adjustment: A Deep Dive into a Transformative Tax Policy Concept
A border adjustment is a structural feature within a tax system designed to alter its treatment of international trade, effectively transforming a tax regime from a source-based system, which taxes…
Potential Pharmaceutical Tariffs Threaten Billions in New Costs and Supply Chain Disruption for American Households and Healthcare System
President Trump and his administration issued multiple warnings throughout 2025 regarding the potential imposition of tariffs on imported pharmaceutical products and their active ingredients. As of January 2026, no new,…
Ohio Moves to Restore Immediate Research and Experimentation Expensing, Aligning State Tax Code with Federal Innovation Incentives
Ohio policymakers are currently advancing legislation to bring the state’s tax code into conformity with recent federal changes, specifically those introduced by the One Big Beautiful Bill Act (OBBBA). This…
IRS Maintains Strong Refund Pace in Early 2026 Filing Season, Building on Previous Years’ Performance
The Internal Revenue Service (IRS) has reported a robust start to the 2026 tax filing season, issuing 43.75 million tax refunds as of March 6, 2026. This figure represents a…
Senator Bernie Sanders Proposes Sweeping 5 Percent Billionaire Wealth Tax Amidst Growing Inequality Debate
Senator Bernie Sanders (I-VT) has recently introduced ambitious legislation aimed at imposing a 5 percent annual wealth tax on the nation’s wealthiest individuals, a move designed to generate trillions in…
Side-by-Side Implementation Is a Good Start, but It’s Just the Beginning | Op-Ed
The European Union’s Member States are actively proceeding with the implementation of the G7 side-by-side agreement, a pivotal accord reached last year that effectively aligns the divergent global minimum tax…
Colorado Considers Legislation to Tax Phantom Income
The contentious House Bill 26-1221, currently under consideration in the Colorado legislature, proposes significant alterations to the state’s tax code that have ignited a fierce debate among policymakers, business leaders,…
Navigating the Evolving Tax Landscape: A Crucial Webinar from TaxEDU for Financial Literacy Month
As the dust settles on another intensive tax filing season, the complexities of the nation’s fiscal framework remain a prominent concern for millions of Americans. While the annual ritual of…
New Mexico Senate Bill 151: A Critical Threat to the State’s Corporate Tax Competitiveness
A bill recently passed by the New Mexico legislature, Senate Bill 151 (SB 151), stands poised to significantly erode the state’s corporate tax environment by rejecting key business-friendly elements of…
Delaware’s Proposed Tobacco Tax Hike Sparks Debate Over Regressivity, Revenue Stability, and Public Health Implications
Delaware is currently facing a significant policy crossroads as Governor Meyer’s budget plan includes a substantial overhaul of the state’s tobacco tax structure. This proposal, while aimed at bolstering state…

















