![Colorado sports betting, Colorado legalize sports betting, Colorado Proposition DD, sports betting states, which states have legalized sports betting?](https://taxfoundation.org/wp-content/uploads/2019/10/Sports-Betting-FV-01-300x257.png)
Blog Articles
![Colorado sports betting, Colorado legalize sports betting, Colorado Proposition DD, sports betting states, which states have legalized sports betting?](https://taxfoundation.org/wp-content/uploads/2019/10/Sports-Betting-FV-01-300x257.png)
![Kansas online sales tax collection, Kansas taxing online sales, Kansas A.G. online sales tax. Kansas attorney general online sales tax. Kansas department of revenue online sales tax](https://taxfoundation.org/wp-content/uploads/2017/01/Kansas2-300x182.jpg)
![R&D Amortization, Research and Development Amortization, John Larson, Ron Estes, American Innovation and Competitiveness Act (AICA)](https://taxfoundation.org/wp-content/uploads/2019/10/linkedin-In-Stream_Wide___machinery-equipment-factory-300x158.jpg)
Legislation Introduced to Cancel R&D Amortization
Canceling the amortization of research and development costs would reduce federal revenue, but policymakers have a variety of options to offset the costs.
3 min read![Wisconsin surplus revenue, Wisconsin revenue, Wisconsin tax cuts, Wisconsin state conformity, Wisconsin online sales tax](https://taxfoundation.org/wp-content/uploads/2019/09/Conformity-Maps-06-300x270.png)
![Cory Booker Estate Tax, Cory Booker step-up in basis, Cory Booker Tax, Expanding the estate tax, Eliminating step-up in basis](https://taxfoundation.org/wp-content/uploads/2019/09/Cory-Booker-3-300x200.jpg)
Booker’s Plan to Eliminate Step-up in Basis and Expand the Estate Tax
Removing step-up in basis would encourage taxpayers to realize capital gains and it would plug a hole in the current income tax, while increasing federal revenue. Combined, however, with the estate tax, this would result in a significant tax burden on certain saving by requiring both the appreciation in and total value of transferred property to be taxed at death
2 min read![](https://taxfoundation.org/wp-content/uploads/2020/04/dollar-money-e1586898700584-300x188.jpg)
Senator Sanders Proposes a Tax on “Extreme” Wealth
Bernie Sanders recently became the second major Democratic presidential candidate to propose a wealth tax.
2 min read![tax treatment of capital gains, capital gains deferral, capital gains deferrals, Joe Biden's capital gains tax proposal, Biden capital gains tax proposal, Biden's tax proposal, realizations fall when capital gains tax rates rise](https://taxfoundation.org/wp-content/uploads/2019/09/TF_RealizedCapGains-300x216.png)
JCT Report Shows Capital Gains are Sensitive to Taxation
JCT’s report on capital gains elasticities reminds us that capital gains realizations, at least under a tax system that allows deferral, are sensitive to tax rates. Moving to mark-to-market taxation of all capital gains would remove this sensitivity by taxing capital gains annually.
4 min read![tax treatment of capital gains, capital gains deferral, capital gains deferrals, Joe Biden's capital gains tax proposal, Biden capital gains tax proposal, Biden's tax proposal](https://taxfoundation.org/wp-content/uploads/2019/09/money-dollar-3-e1569431297886-300x200.jpg)
![Senator Michael Bennet EITC, Senator Bennet, Sen. Bennet, Expand the EITC](https://taxfoundation.org/wp-content/uploads/2019/09/1620px-Michael_Bennet_35755491931-300x179.jpg)
Senator Bennet’s Plan to Expand the EITC
3 min read![OECD harmful tax practices, FHTP, OECD BEPS, OECD Base Erosion and Profit Shifting](https://taxfoundation.org/wp-content/uploads/2019/09/international-global-copy-e1568816297733-300x220.jpeg)
OECD Tackling Harmful Tax Practices
Countries around the world often design their tax policies to become attractive targets for foreign investment. These policies can be anything from a system with special preferences for certain industries to a well-designed tax system based on principles of sound tax policy. Systems that are rife with special preferences and complexities can create distortions in local jurisdictions and across the global economy.
3 min read![Chicago budget shortfall, Chicago Budget deficit, Chicago higher taxes in Chicago](https://taxfoundation.org/wp-content/uploads/2019/09/linkedin-In-Stream_Wide___chicago-4-e1568726947508-300x158.jpg)
No Good Options as Chicago Seeks Revenue
Facing an $838 million budget shortfall, a looming pension crisis, and an aggressive spending wish list, some Chicago policymakers and activists are expressing interest in a laundry list of new and higher taxes that could, collectively, raise as much as an additional $4.5 billion a year.
6 min read![Standard deduction, itemized deduction, itemized deductions under current law, itemize under current law, itemize under Tax Cuts and Jobs Act, itemize under TCJA](https://taxfoundation.org/wp-content/uploads/2019/09/tax-compliance-1040-costs-e1568302630986-300x200.jpeg)
![Senator Wyden capital gains tax, unrealized capital gains tax, mark-to-market capital gains tax proposal](https://taxfoundation.org/wp-content/uploads/2019/08/linkedin-In-Stream_Wide___money-300x158.jpg)
Evaluating Senator Wyden’s “Mark-to-Market” Capital Gains Tax
Wyden’s “mark-to-market” proposal strives to subject capital gains to the same treatment as ordinary income. While the plan resolves the “lock in effect” issue and would make the tax code more progressive, it would increase the tax burden on savers and increase tax code complexity.
2 min read![German meat, German VAT, Germany VAT, German tax on Meat,](https://taxfoundation.org/wp-content/uploads/2019/08/Cow-meat-german-e1567176840126-300x200.jpeg)
Standard VAT Rate on German Meat?
2 min read![Malaysia digital tax, Malaysia’s digital services tax, Digital services in Malaysia](https://taxfoundation.org/wp-content/uploads/2019/08/linkedin-In-Stream_Wide___malaysia-1-e1566491959327-300x158.jpg)
![Biden minimum tax on foreign earnings Biden approach to taxing corporate income Us tariffs on french goods in response to france digital services tax](https://taxfoundation.org/wp-content/uploads/2019/08/France-US-e1594416842240-300x200.jpeg)
![full expensing, 100% bonus depreciation,](https://taxfoundation.org/wp-content/uploads/2019/08/factory-equipment-manufacturing-machine-expensing-300x225.jpg)
New Evidence on the Benefits of Full Expensing
Additional evidence on the economic benefits of full expensing of investment was recently published in the American Economic Journal: Economic Policy.
4 min read![Poland income tax cut for young workers, Polish income tax cut](https://taxfoundation.org/wp-content/uploads/2019/08/Warsaw-poland-e1565791137586-300x200.jpg)
![France Digital Services Tax, France's digital services tax, France's digital tax, France section 301](https://taxfoundation.org/wp-content/uploads/2017/01/france-300x225.jpg)
![Amazon France Digital Tax](https://taxfoundation.org/wp-content/uploads/2019/08/Amazon-France-Digital-Tax-e1565290907178-300x200.jpeg)
Amazon Passes France’s Digital Services Tax on to Vendors
France’s new 3 percent digital tax may be targeted at Amazon and other large digital firms, but Amazon’s French vendors will bear the burden of the tax.
3 min read