Navigating the US R&D Tax Divide: Implications for American Innovation and Global Competitiveness

The United States tax code’s differential treatment of research and development (R&D) expenditures is a critical determinant of where, how, and whether American companies choose to innovate and invest. This…

Europe Leads Global Charge with Diverse Carbon Pricing Mechanisms to Combat Climate Change

In a concerted global effort to mitigate the escalating impacts of climate change, a growing number of nations have embraced a spectrum of policy instruments aimed at curtailing carbon emissions.…

EU Tax Omnibus Proposal Seeks Landmark Simplification to Boost Single Market Competitiveness and Investment

The European Union’s ambitious Tax Omnibus proposal represents a pivotal move to modernize and streamline the bloc’s intricate direct taxation framework, which has long been characterized by complexity, obsolescence, and…

The 250-Year Evolution of the U.S. Federal Tax System: From Tariffs to a Progressive Income Tax

The landscape of American taxation has undergone a profound transformation over the past two and a half centuries, mirroring the nation’s own growth from a nascent republic to a global…

North American Trade at a Crossroads: USMCA’s Crucial 2026 Review Looms Amidst Calls for Stability and Renegotiation Threats

As the United States, Mexico, and Canada approach the first formal review deadline for the US-Mexico-Canada Agreement (USMCA) this July, policymakers face a straightforward choice that could define the economic…

The Enduring Legacy of Alcohol Taxation: How America’s 250th Anniversary Highlights a Centuries-Old Fiscal Tradition

As Chicago and the nation commemorate the significant milestone of America’s 250th anniversary, marked by the quintessential celebrations of fireworks, barbecues, and cold beer, many revelers might be surprised to…

William Reynolds Archer Jr., Architect of Landmark Tax Policy and Champion of Fiscal Responsibility, Dies at 98

The Honorable William Reynolds Archer Jr., a towering figure in American tax policy and a dedicated public servant whose career spanned four decades in both state and federal legislatures, passed…

Debunking the Myth: Tariffs Continue to Burden Investment Despite Full Expensing, Economists Argue

In a recent op-ed for The Wall Street Journal, Stephen Miran, former chair of the White House Council of Economic Advisers, posited that the tariffs implemented during the Trump administration…

Taxing Buybacks from Big Oil Windfalls Act Introduced Amid Strait of Hormuz Crisis

In a direct legislative response to escalating geopolitical tensions in the Strait of Hormuz and their perceived impact on global energy markets, Senators Chuck Schumer (D-NY), Ron Wyden (D-OR), and…

Sales Taxes Remain a Cornerstone of State and Local Revenue, Driving Economic and Policy Debates Across the United States

Retail sales taxes stand as a formidable pillar of public finance for most states across the United States, constituting a significant 32 percent of total state tax collections and 13…