Tracking the Impact of the Trump Tariffs & Trade War
The Trump tariffs have not meaningfully altered the trade balance and amount to an average tax increase per US household of $700 in 2026.
56 min read
Latest Work
Overview of the Tax Foundation’s General Equilibrium Model
The Tax Foundation uses and maintains a General Equilibrium Model, known as our Taxes and Growth (TAG) Model to simulate the effects of government tax and spending policies on the economy and on government revenues and budgets.
9 min read
Capital Cost Recovery across the OECD, 2026 Update
The ongoing economic uncertainty from global geopolitical threats, supply chain disruptions, rising interest rates, and lagging economic growth in many developed countries have highlighted the importance of private business investment.
32 min read
Capital Allowances in Europe, 2026
Although sometimes overlooked in discussions about corporate taxation, capital allowances play an important role in a country’s corporate tax base and can impact investment decisions—with far-reaching economic consequences.
6 min read
A Competitive Corporate Tax Code is Key to Sustaining Strong Economic Growth
The 12-year history of Tax Foundation’s ITCI shows that tax policy is constantly in flux around the world and that tax policy design choices matter for economic growth.
5 min read
The WHO’s Excise Tax Policy Aims at the Wrong Target
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 readSales Tax Holidays by State, 2026
12 min readFeatured Work
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2026 State Tax Competitiveness Index
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International Tax Competitiveness Index 2025
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Risks to the US Tax Base from Pillar Two
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2025 European Tax Policy Scorecard
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Popular Data
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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The Tax Foundation is the world’s leading nonpartisan tax policy 501(c)(3) nonprofit. For over 80 years, our mission has remained the same: to improve lives through tax policies that lead to greater economic growth and opportunity.
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ExpertSean Bray
Vice President of Global Tax Policy at Tax Foundation and Policy Director of Tax Foundation Europe -
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TaxEDU gives teachers the tools to make students better citizens, taxpayers a vocabulary to see through the rhetoric, lawmakers crash courses to write smarter laws, and videos and podcasts for anyone who wants to boost their tax knowledge on the go.
Glossary
Understand the terms of the debate with our comprehensive glossary, including over 100 tax terms and concepts.
Videos
Our animated explainer videos are designed for the classroom, social media, and anyone looking to boost their tax knowledge on the go.
Primers
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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