State Implications of the One, Big, Beautiful Bill
As the US House hashes out its “One, Big, Beautiful Bill,” statehouse lawmakers are watching closely, given the impact of both its tax and spending provisions on state budgets.
12 min read
Latest Work
What Are the Goals of Retaliatory Tax Policies?
The US Ways and Means Committee’s “Big Beautiful Bill” includes a retaliatory provision called Section 899, along with an expansion of the base erosion and anti-abuse tax (BEAT).
7 min read
Fiscal Forum: Future of the EU Tax Mix with Dr. Jost Heckemeyer
Sean Bray interviewed Professor of Business Accounting and Taxation at the University of Kiel, Jost Heckemeyer, about the future of the EU tax mix. The interview shows that there is a trade-off between stability and flexibility in European tax policymaking. It also shows that there ought to be a balance between fairness and competitiveness when thinking about improving tax policy.
16 min read
A More Generous SALT Deduction Cap in the Big, Beautiful Bill Would Cost Revenue and Primarily Benefit High Earners
Letting the SALT cap slip further upwards would undercut the TCJA’s long-term legacy, worsening the fiscal outlook of the tax package and providing an unneeded benefit to higher earners.
4 min read
Current Trump Tariffs Threaten to Offset Benefits of Promised Tax Cuts
While Congress works on the “One, Big, Beautiful Bill” to cut taxes, President Trump has imposed significantly higher taxes by placing tariffs on more than 70 percent of US imports.
2 min read
An Income Tax by Any Other Name: State-Level Non-UI Payroll Taxes
Six states and DC assess a state-level non-UI payroll tax in addition to their mandatory federal UI payroll tax.
6 min readFeatured Work
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2025 State Tax Competitiveness Index
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International Tax Competitiveness Index 2024
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2024 European Tax Policy Scorecard
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How to Rein in the National Debt
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Risks to the U.S. Tax Base from Pillar Two
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ExpertSean Bray
Vice President of Global Projects at Tax Foundation and Policy Director of Tax Foundation Europe -
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Commentary
See All CommentaryThe One Big Beautiful Bill, Explained
We break down the House GOP’s One, Big, Beautiful Bill—a sweeping tax package designed to extend key parts of the 2017 Tax Cuts and Jobs Act before they expire in 2026.
Testimony: The Inflation Reduction Act’s Green Energy Tax Credits
William McBride discussed how and why the budgetary cost of the IRA’s tax credits has grown, described who benefits from the tax credits, and recommended ways to reform the credits amid budget reconciliation.
Can States Really Axe the Property Tax?
As home values have spiked, Florida and other states are weighing elimination of property taxes.
A Stable Tax Code Would Ease an Uncertain Economy
Lawmakers have a prime opportunity to achieve a more stable economy through the debate about the tax code that is now ramping up.
Though Tax Hikes Will Be Avoided, the House Bill Misses the Bigger Picture
The tax bill prioritizes politics over economic growth, writes Daniel Bunn.
States, Congress Need to Hop Off the ‘No Tax on Tips’ Bandwagon
Political popularity isn’t always a reliable gauge of sound policy—and that’s certainly true of President Donald Trump’s idea to eliminate taxes on tips, bonuses, and overtime pay.
The Pro-Growth Minority Must Continue to Stand Up
What Happens If Social Security Runs Out in 2035?
Testimony: A High-Earner Income Tax Surcharge Would Hurt Rhode Island’s Economic Competitiveness
The Tax Code Should Not Be a Game of Hide-and-Seek
Trump’s “Reciprocal Tariffs” Are Based on Fake Calculations and Fake Economics
White House Cites Tariff Reports That Undermine Its Own Claims