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The Tax Foundation is the nation’s leading independent tax policy nonprofit. Since 1937, our principled research, insightful analysis, and engaged experts have informed smarter tax policy at the federal, state, and global levels. For over 80 years, our goal has remained the same: to improve lives through tax policies that lead to greater economic growth and opportunity.
When combining the economic impact of President Biden's tax proposals with the benefit of infrastructure spending, we estimate that long-run GDP would decrease by 0.9 percent and American incomes would fall by an average of 1 percent, resulting in 165,000 fewer American jobs. Read More
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