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…

Unlocking Economic Growth: Tax Foundation Identifies Top Pro-Growth Reforms in New Policymaker’s Guide

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, serves as a critical resource for lawmakers grappling with the…

Maryland’s Landmark Digital Ad Tax Overturned, Setting National Precedent for Digital Economy Taxation

In a case that legislators across the country have watched with intense interest, the Maryland Tax Court recently struck down the state’s digital advertising tax and ordered that refunds be…

A Comprehensive Analysis of Vehicle Miles Traveled Taxes: Addressing Funding Gaps and Navigating Privacy Concerns

Vehicle miles traveled (VMT) taxes have emerged as a prominent consideration for governments at all levels grappling with the pressing challenge of funding their deteriorating road infrastructure, yet widespread privacy…