A Decade On: Reassessing the Impact and Legacy of the "Better Way" Tax Plan and the Tax Cuts and Jobs Act of 2017

Ten years ago, a seminal moment in American fiscal policy unfolded with the unveiling of the "Better Way" Tax Plan by then-Speaker Paul Ryan and Ways and Means Chairman Kevin…

What Five Revenue Raisers in the Options Guide Tell Us About Sound Tax Reform

The Looming Fiscal Challenge and the Imperative for Tax Reform The United States faces an unprecedented fiscal challenge. For years, federal spending has outpaced revenue, leading to persistent and growing…

Unpacking Social Security’s Progressivity: A Critical Look at Misleading Statistics and Fiscal Realities

A recent editorial published by The Washington Post editorial board presented a statistic claiming that 37 percent of Social Security benefits are directed to senior households with incomes exceeding $100,000.…

New Study Challenges Conventional Wisdom on Tariff Burden, Finding Foreigners Absorb Nearly Half of US Tariff Costs

When the United States imposes a tariff, the economic burden, often perceived to fall entirely on domestic consumers and businesses, is in fact shared across international borders. A groundbreaking new…

The Dominican Republic’s Hasty Tax Reform: A Case Study in Missed Opportunities for Consultative Governance and Long-Term Fiscal Stability

The Dominican Republic’s expedited tax reform in June of the previous year has drawn significant criticism from both domestic and international observers, casting a shadow over the nation’s commitment to…

Inheritance Taxes Across Europe: A Historical Perspective, Economic Impact, and Ongoing Policy Debates

Inheritance taxes, a fiscal instrument with roots stretching back to the Roman Empire, where a 5 percent levy on inherited property funded soldiers’ pensions, remain a significant, albeit contentious, feature…

Siim Kallas, Visionary Architect of Estonia’s Economic Miracle, Passes Away at 77

The global economic community is mourning the loss of a true pioneer in fiscal policy, Siim Kallas, the former Estonian Prime Minister and European Commissioner, who passed away on August…

Belgian Digital Tax Proposal: Economist Warns of Economic Distortions, Double Taxation, and Limited Revenue, Urging VAT Reform

Brussels, Belgium – A recent Belgian law proposal aimed at modernizing the country’s corporate income tax system for the digital economy has drawn sharp criticism from economist Cristina Enache. In…

The Enduring Debate: European Nations Navigate the Complexities of Net Wealth Taxation

Net wealth taxes, defined as recurrent levies on an individual’s total assets minus liabilities, represent a distinct approach to public finance, extending beyond the scope of traditional real property taxes…

The Resurgence of Wealth Tax Debates: A Global Look at Historical Performance and Economic Implications

Around the world, wealth taxes have re-emerged as a significant topic of political and economic debate, reflecting a growing conviction among policymakers and segments of the public that extraordinary concentrations…