Since digital services taxes generate little revenue, place the cost on European consumers and not on large digital companies as intended, and risk escalating trade disputes, policymakers should rethink their strategy.
14 min read
Voters beware: lower property taxes may sound good, but they come with significant trade-offs.
A study from the Fraser Institute finds the US tax code is highly progressive relative to other OECD countries.
7 min read
Worldwide, 175 countries—including all major European countries—levy a value-added tax (VAT) on goods and services. However, to reduce compliance and administrative costs, most countries have VAT exemption thresholds: if a business is below a certain annual revenue threshold, it is not required to participate in the VAT system.
3 min read
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.
The Reform UK proposal to exempt overtime pay from income tax—framed as a “hard work bonus”—may be politically appealing, but it’s a flawed idea that undermines economic fairness, distorts labor markets, and jeopardizes tax revenues.
4 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 CommentaryFloridians 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?
AI may be a transformative technology, but that is not a good justification for throwing core principles of tax policy out the window.
The Risks the Wealth Tax Advocates Are Ignoring
Voters in California this fall will have to determine whether the state will institute a billionaire tax. Advocates of this proposal have been pushing for these kinds of money grabs for decades—and their arguments often run the same. The base is narrow, the lifespan is limited, the cause is sympathetic.
Without Reform, the EU Cannot Afford New Taxes
Currently, the European Commission has plans to generate more tax revenue to fund the forthcoming MFF, the long-term budget running from 2028 to 2034. But the truth is, without serious reform, the EU isn’t ready for new taxation.
The Abandoned Goal of Revenue Neutrality
Revenue-neutral proposals, like many things in politics, have become a relic of the past.
Testimony: A High-Earner Surtax Would Hurt Rhode Island’s Small Businesses
No, Tariffs Are Not Strengthening the Economy
The State Race for Wealth Taxes Will Fail. Just Ask Europe.
Is America Financially Illiterate? The Numbers Are Alarming
Testimony: Illinois “Millionaire’s Tax” Would Hurt Small Businesses, Exacerbate Outmigration
Testimony: Vermont Would Tie for Highest Income Tax Rate in Country Under New Proposal