In the Shadow of T-TIP: Why Congress Should Care About EU Tax and Trade Issues in 2023 January 12, 2023 The EU’s unilateral approach with carbon taxes, faster track on the global minimum tax, and threat of renewed efforts on DSTs means that U.S. policymakers face some hard choices. Policymakers on both sides of the Atlantic should keep in mind pro-growth tax and trade principles that promote a rules-based international order and increase opportunity.
What the EU’s Carbon Border Adjustment Mechanism Means for Europe and the United States April 26, 2023 The growing number of competing climate policies between the EU and U.S., such as tax provisions in the Inflation Reduction Act, could present policymakers on both sides of the Atlantic with the opportunity to work together against economic rivals such as China and Russia.
How the Inflation Reduction Act Affects the Future of U.S.-EU Tax and Trade Cooperation November 9, 2022 the Inflation Reduction Act gives us a glimpse into a future where the U.S. and EU opt for protectionist tax and trade policies rather than implementing principled tax policies and reducing trade barriers between allies.
Carbon Taxes, Trade, and American Competitiveness November 3, 2022 A border-adjusted carbon tax that uses some of the revenue for pro-investment tax reform could improve U.S. more competitiveness while also addressing concerns with a carbon tax.
A Carbon Tax, Explained October 25, 2022 Every policy has trade-offs, but a well-designed carbon tax has the potential to protect the environment without harming consumers, jobs, or businesses.
The Sticks: Inflation Reduction Act’s Energy-Related Tax Increases September 22, 2022 The Inflation Reduction Act primarily uses carrots, not sticks, to incentivize reductions in carbon emissions. It creates or expands tax credits for various low- or no-emission technologies, rather than imposing a generalized penalty for emissions, such as a carbon tax.
Breaking Down the Inflation Reduction Act’s Green Energy Tax Credits September 14, 2022 The Inflation Reduction Act created numerous tax subsidy programs intended to accelerate the transition to a greener economy.
Carbon Taxes in the Global Market: Changes on the Way? June 27, 2022 As policymakers on both sides of the Atlantic debate the way forward on carbon border adjustment mechanisms, it is important to keep principles of good tax policy in mind.
Carbon Taxes and the Future of Green Tax Reform June 21, 2022 Our new analysis reviews the basic structure of carbon taxes, how they compare to the existing set of climate policies, and how they could fit into various pro-growth tax reform packages.
Carbon Taxes in Europe June 14, 2022 In recent years, several countries have taken measures to reduce carbon emissions, including instituting environmental regulations, emissions trading systems, and carbon taxes. In 1990, Finland was the world’s first country to introduce a carbon tax.
Russia’s Ukrainian War Could Impact EU Carbon Proposal Too March 18, 2022 Given the uncertainty surrounding the war in Ukraine, future trade relations with Russia, and the overall CBAM revenue structure. The EU will need to adjust policy when challenges arise as it looks to increase its role in fiscal affairs through new own resources.
Options for Reforming America’s Tax Code 2.0 April 19, 2021 To assist lawmakers in navigating the current tax reform conversations, we modeled how 70 different changes to the U.S. tax code would affect the U.S. economy, federal tax revenue, and the distribution of the tax burden.
Excise Tax Application and Trends March 16, 2021 The excise tax family is growing. Over the last decade, several products have become subject to excise taxes or are in the process of becoming so. Given this development, it is more crucial than ever that lawmakers, businesses, and consumers understand the possibilities and, more importantly, limitations of excise tax application.
Looking Back on 30 Years of Carbon Taxes in Sweden September 23, 2020 Implemented in 1991, Sweden’s carbon tax was one of the first in the world. Since then, Sweden’s carbon emissions have been declining, while there has been steady economic growth. Today, Sweden levies the highest carbon tax rate in the world and its carbon tax revenues have been decreasing slightly over the last decade.
In the Shadow of T-TIP: Why Congress Should Care About EU Tax and Trade Issues in 2023 January 12, 2023 The EU’s unilateral approach with carbon taxes, faster track on the global minimum tax, and threat of renewed efforts on DSTs means that U.S. policymakers face some hard choices. Policymakers on both sides of the Atlantic should keep in mind pro-growth tax and trade principles that promote a rules-based international order and increase opportunity.
What the EU’s Carbon Border Adjustment Mechanism Means for Europe and the United States April 26, 2023 The growing number of competing climate policies between the EU and U.S., such as tax provisions in the Inflation Reduction Act, could present policymakers on both sides of the Atlantic with the opportunity to work together against economic rivals such as China and Russia.
How the Inflation Reduction Act Affects the Future of U.S.-EU Tax and Trade Cooperation November 9, 2022 the Inflation Reduction Act gives us a glimpse into a future where the U.S. and EU opt for protectionist tax and trade policies rather than implementing principled tax policies and reducing trade barriers between allies.
Carbon Taxes, Trade, and American Competitiveness November 3, 2022 A border-adjusted carbon tax that uses some of the revenue for pro-investment tax reform could improve U.S. more competitiveness while also addressing concerns with a carbon tax.
A Carbon Tax, Explained October 25, 2022 Every policy has trade-offs, but a well-designed carbon tax has the potential to protect the environment without harming consumers, jobs, or businesses.
The Sticks: Inflation Reduction Act’s Energy-Related Tax Increases September 22, 2022 The Inflation Reduction Act primarily uses carrots, not sticks, to incentivize reductions in carbon emissions. It creates or expands tax credits for various low- or no-emission technologies, rather than imposing a generalized penalty for emissions, such as a carbon tax.
Breaking Down the Inflation Reduction Act’s Green Energy Tax Credits September 14, 2022 The Inflation Reduction Act created numerous tax subsidy programs intended to accelerate the transition to a greener economy.
Carbon Taxes in the Global Market: Changes on the Way? June 27, 2022 As policymakers on both sides of the Atlantic debate the way forward on carbon border adjustment mechanisms, it is important to keep principles of good tax policy in mind.
Carbon Taxes and the Future of Green Tax Reform June 21, 2022 Our new analysis reviews the basic structure of carbon taxes, how they compare to the existing set of climate policies, and how they could fit into various pro-growth tax reform packages.
Carbon Taxes in Europe June 14, 2022 In recent years, several countries have taken measures to reduce carbon emissions, including instituting environmental regulations, emissions trading systems, and carbon taxes. In 1990, Finland was the world’s first country to introduce a carbon tax.
Russia’s Ukrainian War Could Impact EU Carbon Proposal Too March 18, 2022 Given the uncertainty surrounding the war in Ukraine, future trade relations with Russia, and the overall CBAM revenue structure. The EU will need to adjust policy when challenges arise as it looks to increase its role in fiscal affairs through new own resources.
Options for Reforming America’s Tax Code 2.0 April 19, 2021 To assist lawmakers in navigating the current tax reform conversations, we modeled how 70 different changes to the U.S. tax code would affect the U.S. economy, federal tax revenue, and the distribution of the tax burden.
Excise Tax Application and Trends March 16, 2021 The excise tax family is growing. Over the last decade, several products have become subject to excise taxes or are in the process of becoming so. Given this development, it is more crucial than ever that lawmakers, businesses, and consumers understand the possibilities and, more importantly, limitations of excise tax application.
Looking Back on 30 Years of Carbon Taxes in Sweden September 23, 2020 Implemented in 1991, Sweden’s carbon tax was one of the first in the world. Since then, Sweden’s carbon emissions have been declining, while there has been steady economic growth. Today, Sweden levies the highest carbon tax rate in the world and its carbon tax revenues have been decreasing slightly over the last decade.
