State-Level Discrepancies in Barrel Measurements Create Economic Headaches and Constitutional Questions

The seemingly straightforward question of "how many gallons are in a barrel?" unravels into a complex and costly puzzle for businesses operating across the United States. While federal regulations provide…

Canada Solidifies Economic Competitiveness with Permanent Full Expensing for Key Business Investments

Ottawa, ON – In a significant move to bolster its economic landscape and solidify its position as a leading investment destination, Canada’s Minister of Finance and National Revenue, François-Philippe Champagne,…

Tax Foundation Report Scrutinizes Economic and Fiscal Implications of Extending Key ‘One Big Beautiful Bill Act’ Tax Deductions

The Tax Foundation, a prominent non-partisan tax policy research organization, has released its latest comprehensive analysis, Options for Reforming America’s Tax Code 3.0: A Policymaker’s Guide to Tax Reform Trade-Offs.…

States Grapple with Taxation of Oral Nicotine Pouches Amid Public Health and Revenue Trade-offs

Oral nicotine pouches have rapidly emerged as a significant disruptor in the nicotine market, offering consumers an alternative to the well-documented harms associated with combustible cigarettes. These innovative products, often…

The European Union’s Revised Tobacco Excise Directive: A Test of National Sovereignty and Public Health Strategy

The European Union’s proposed revision of the Tobacco Excise Directive (TED) has ignited a significant debate across Brussels and national capitals, raising fundamental questions about the delicate balance between EU…

The Bit Tax and AI: A Cautionary Tale for Policymakers in the Age of Artificial Intelligence

As U.S. investment in artificial intelligence (AI) accelerates at an unprecedented pace, so too have a growing number of proposals to uniquely tax AI technologies and the burgeoning industry surrounding…

Europe Braces for Significant Alcohol Tax Reforms by 2026: A Shift Towards Alcohol Content-Based Levies

The European alcohol industry and consumers are anticipating substantial shifts in excise taxation as early as 2026, driven by a growing consensus among policymakers to modernize outdated systems. The core…

Options for Reforming America’s Tax Code 3.0: A Policymaker’s Guide to Tax Reform Trade-Offs

The Tax Foundation has unveiled a critical new resource, Options for Reforming America’s Tax Code 3.0: A Policymaker’s Guide to Tax Reform Trade-Offs, providing an exhaustive analysis of 86 potential…

The Enduring Legacy of the “Better Way” Tax Plan: A Decade of Impact and the Road Ahead for U.S. Tax Reform

Ten years ago, a pivotal moment in American fiscal policy unfolded with the release of the “Better Way” Tax Plan, a comprehensive blueprint spearheaded by then-Speaker Paul Ryan and Ways…

Untangling the Labor Share Debate: Why Headlines Misrepresent Capital’s Slice of the Economic Pie

A prevailing narrative in economic discourse and media headlines suggests that capital is steadily capturing an ever-increasing portion of the U.S. economic pie, at the expense of labor. This widely…