Retail prices make poor targets for excise tax policy, often reflecting factors that have little to do with the underlying reasons for which an excise tax is levied in the first place. Unfortunately, the World Health Organization (WHO) has a growing preference for using tax share of retail price (tax incidence) as a primary policy target.
6 min read
However well-intended they may be, sales tax holidays remain the same as they always have been—ineffective and inefficient.
12 min read
Foreign R&D generally complements domestic innovation rather than substituting for it, so penalizing foreign R&D weakens US firms in cross-border mergers and acquisitions and in domestic production that depends on global scale.
7 min read
Policymakers are increasingly considering taxes on data processing and other businesses’ digital services, but these taxes increase costs at many stages of the production process for virtually all businesses, not just tech-oriented businesses.
7 min read
The EU public country-by-country data provides information on taxes and profits that do not align with standard financial disclosure requirements.
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Because withholding taxes can create double taxation and administrative friction even where foreign tax credits are available, the European Commission’s 2026 Tax Omnibus proposal to eliminate them on dividend, interest, and royalty payments between EU companies regardless of holding percentage would foster stronger cross-border savings and investment.
6 min read
2026 Tax Brackets
Facts & Figures 2026: How Does Your State Compare?
Summary of the Latest Federal Income Tax Data, Tax Year 2023
State Individual Income Tax Rates and Brackets, 2026
State and Local Sales Tax Rates, 2026
Corporate Tax Rates Around the World, 2025
Top Personal Income Tax Rates in Europe, 2026
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Commentary
See All CommentaryA Taxing Approach to High Energy Costs Will Backfire
If you want more energy production, taxing producers is the wrong place to start. And if you want to tax companies more if they’re making big profits, the corporate income tax already does that.
Illinois’ Alcohol Tax Is Almost As Old as America. It Needs Reform.
As the alcohol industry innovates with newer products like high alcohol content beer or ready-to-drink cocktails, the efficacy of a categorical system continues to break down.
USMCA Is Up For Review. The US Would Be Foolish Not to Extend It
President Donald Trump has decided against a clean extension of the US-Mexico-Canada Agreement (USMCA), allowing the bloc of countries to enter a prolonged period of annual reviews, renegotiations, and, possibly, a shift to bilateral deals.
Testimony: Are Digital Services Taxes a Viable Solution for the EU Budget?
Digital services taxes address a real concern—the need to adapt taxation to the digital economy—but they are not the right solution. They raise limited revenue, are often passed on to consumers rather than large digital firms, create economic distortions, increase complexity and compliance costs, negatively impact innovation and competitiveness, and risk international retaliation.
Floridians Should Think Twice Before Embracing Property Tax Elimination
Voters beware: lower property taxes may sound good, but they come with significant trade-offs.
What Europe’s UN Tax Turn Means for Multinationals
Europe’s turn toward the UN is ultimately not a sign that governments are ready to resolve fundamental disputes over taxing rights. If anything, international cooperation on the goal that matters most—fair treatment of cross-border trade—is crumbling.
Will the AI Apocalypse Come for the Tax Code?
The Risks the Wealth Tax Advocates Are Ignoring
Without Reform, the EU Cannot Afford New Taxes
The Abandoned Goal of Revenue Neutrality
Testimony: A High-Earner Surtax Would Hurt Rhode Island’s Small Businesses
No, Tariffs Are Not Strengthening the Economy