Delaware’s Proposed Tobacco Tax Hikes Spark Debate Over Regressivity, Revenue Stability, and Public Health Goals

Delaware Governor John Carney’s administration has put forth a budget proposal that includes substantial increases in tobacco taxes, aiming to generate approximately $18.9 million in new state revenue, but the…

EU Member States Forge Ahead with Global Minimum Tax Implementation, Reshaping Transatlantic Economic Landscape

European Union Member States are actively progressing with the implementation of the side-by-side agreement, a pivotal accord reached by the G7 nations last year that effectively harmonized the United States’…

Unexpected Windfalls: Understanding the Larger Tax Refunds Driven by the Landmark One Big Beautiful Bill Act

Many taxpayers across the nation are observing a notable increase in their tax refunds this filing season, a direct consequence of the sweeping legislative changes introduced by the One Big…

The Labyrinthine Landscape of Vaping Taxation: Balancing Public Health, Revenue, and Harm Reduction

The vaping industry has grown rapidly in recent decades, transforming from a niche market into a well-established product sector that provides a less harmful alternative to cigarettes for those wishing…

Tax Foundation to Host Critical Financial Literacy Webinar, Unpacking Post-Filing Season Tax Impacts and the Proposed ‘One Big Beautiful Bill Act’

As the annual tax filing season draws to a close, leaving tax considerations at the forefront of many Americans’ minds, the Tax Foundation’s educational arm, TaxEDU, has announced a pivotal…

2026 Capital Gains Tax Rates in Europe: A Comprehensive Analysis of Top Marginal Rates on Long-Held Listed Shares

Europe presents a highly diverse landscape for capital gains taxation in 2026, with top marginal rates on individuals owning long-held listed shares without substantial ownership ranging dramatically from a full…

Supreme Court Ruling Reshapes US Tariff Landscape, Mitigating Economic Impact of 2025 Trade Policies

The United States trade policy landscape underwent a significant transformation in early 2026 following a landmark Supreme Court decision that invalidated a substantial portion of the tariffs imposed by the…

The Myth of the Revenue-Competitiveness Trade-Off: How Smart Tax Design Drives Economic Growth

Policymakers frequently operate under the assumption that a fundamental choice exists between generating substantial tax revenue and cultivating a tax system that fosters economic competitiveness. This perceived dilemma often frames…

President Trump’s State of the Union to Highlight Divisive Economic Policies: Tariffs, Tax Reform, and Fiscal Debates

As President Trump prepares to deliver his annual State of the Union address to a joint session of Congress, anticipation is high for his remarks on the nation’s economic landscape.…

Excise Duties on Gas and Diesel in the European Union and the United Kingdom, as of January 1, 2026

The landscape of energy taxation across the European Union and the United Kingdom sees a critical juncture on January 1, 2026, as excise duties on gas and diesel continue to…