The Shifting Landscape of Wealth Transfer Taxes: Federal and State Estate and Inheritance Taxes in the United States

In addition to the federal estate tax, which currently imposes a top marginal rate of 40 percent, the United States presents a complex tapestry of wealth transfer taxation across its…

The Looming Fiscal Reckoning: Congress Grapples with Debt Crisis and the Promise of a Fiscal Commission

The US House Budget Committee recently convened a critical hearing focused on the urgent necessity of establishing a fiscal commission to confront the nation’s rapidly accelerating debt and deficits. Lawmakers…

The Growing Debate: Imposing Sales Taxes on Rental Car Fleets and Its Far-Reaching Economic Implications.

In recent years, a burgeoning legislative trend has emerged across several U.S. states, centered on proposals to levy sales taxes on vehicles purchased by rental car companies for their operational…

Examining the Fiscal and Economic Implications of Extending Expiring ‘No Tax On’ Deductions: A Deep Dive into the Tax Foundation’s Latest Analysis

The Tax Foundation’s recently published book, Options for Reforming America’s Tax Code 3.0: A Policymaker’s Guide to Tax Reform Trade-Offs, provides an exhaustive analysis of 86 potential modifications to the…

The Alarming Trajectory of Federal Healthcare Spending and Tax Preferences Threatens U.S. Fiscal Stability

The United States federal government’s fiscal health is on an unsustainable path, largely propelled by an escalating pattern of subsidies and tax preferences within the healthcare sector. Projections from the…

US Capital Investment Soars Amid AI Boom, Reshaping Corporate Tax Landscape Through OBBBA’s Expensing Provisions

The United States is currently experiencing an unprecedented surge in capital investment, significantly outpacing previous economic projections. This robust growth is largely fueled by the rapid expansion of artificial intelligence…

Significant Changes as of 2026: Europe Faces a Pivotal Shift in Alcohol Taxation Policy

Europe is on the precipice of a significant overhaul in its approach to alcohol taxation, with substantial changes anticipated to take effect by 2026. The proposed reforms aim to modernize…

America’s Tax Compliance Burden in 2026 Will Top 6.8 Billion Hours and $544 Billion

The immense financial and time cost associated with navigating the United States federal tax code is projected to reach an staggering $544 billion and consume nearly 6.9 billion hours of…

Colorado Voters Face Pivotal Choice on Income Tax Structure: Competing Measures Seek to Cap Flat Rate or Introduce Graduated System

On Election Day, Coloradans will get to decide on two competing measures on income taxes: an initiated statute that would cap income taxes at the current 4.4 percent rate; and…

A Comprehensive Overview of United States Corporate Taxation: Federal, State, and Economic Implications

Corporations operating within the United States navigate a complex landscape of taxation, subject to levies at both federal and state levels. The federal corporate income tax, a significant revenue stream…