Help us achieve a world where the tax code doesn't stand in the way of success.
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.
Tax Foundation Economist Alan Cole tells the Associated Press that while corporate tax cuts can help boost growth, the cuts won’t pay for themselves.
In an interview with The Hill, Tax Foundation Economist Alan Cole explains that a temporary tax cut would do much less to boost economic growth than comprehensive tax reform.
The Atlanta Journal-Constitution covered the release of the Tax Foundation’s “Tax Freedom Day” report, showing when the nation as a whole, and each state, have earned enough in the year to pay off their cumulative tax bills.
Tax Foundation Vice President of State Projects Joseph Henchman joined the radio show “AirTalk” on NPR affiliate KPCC to discuss the issues with California’s film tax credits.
Tax Foundation Economist Alan Cole speaks with The New York Times about the proposal in the House GOP tax plan to eliminate the net-interest deduction.
The Associated Press of Louisiana cites Nicole Kaeding’s analysis of gross receipts taxes, with Gov. John Bel Edwards proposing such a tax.
Kyle Pomerleau, director of federal projects at the Tax Foundation, weighs in on the prospects for tax reform on CNBC’s “Squawk Alley.”
Politico’s Morning Tax newsletter includes a review of new research from Tax Foundation Policy Analyst Jared Walczak on the policy rationale and use of the state-local tax deduction.
The Financial Times cites Tax Foundation data on a story about state legalization and taxation of marijuana.
CNBC quotes Tax Foundation Economist Alan Cole on the House GOP proposal to eliminate the net-interest deduction.
Tax Foundation President Scott Hodge talks with Fox Business host Stuart Varney on a potential border adjustment tax and Treasury Secretary Steven Mnuchin seeing tax reform achieved by August.
The Tax Foundation, an independent research organization on tax policy, has stated that a border adjustment is trade neutral, and that characterizing it as a tax increase on consumers is “incorrect” because they don’t anticipate an increase in prices.
Tax Foundation President Scott Hodge discusses the state of federal tax reform and when we might expect it with Stuart Varney of Fox Business.
On Thursday, White House press secretary Sean Spicer said something sufficiently confusing that for a minute, people believed that the Trump administration intended to raise funds for a border wall by imposing a 20 percent tariff on all imports from countries with which the U.S. runs a trade deficit— including Mexico. It soon became clear that Spicer was not talking about a tariff per se…
Eric Toder, The Urban Institute, and Scott Greenberg, The Tax Foundation, discuss whether Trump’s tax plan will have the desired effect of growing the economy.
Over the summer, both Trump and the House Republicans sent their tax reform plans for analysis to the Tax Foundation, a conservative think tank. The foundation priced the GOP’s tax cut at a cost of $2.4 trillion over the next decade—static. Dynamic, it found a deficit of only $191 billion. Trump’s tax plan shook out at $4.4 trillion to $5.9 trillion static cost, $2.6 trillion to $3.9 trillion dynamic.
‘Arkansans think the tax system is too unfair, is too complex and is too costly,’ said Nicole Kaeding with the conservative Tax Foundation. ‘The amount of income going to paying state and local taxes in Arkansas is higher here than it is in most other states.’
Proponents of Measure 97 argue that this tax will ensure that large, out-of-state businesses ‘pay their fair share,’ but economic analysis finds that consumers, wage earners and shareholders would bear the true economic cost of the tax.
For some conservatives—including the economic model that Donald Trump uses to buttress his case for tax cuts—crowding out isn’t much of a concern either. The Tax Foundation, for instance, assumes that there’s enough foreign capital on the sidelines to buy up enough of the new government debt resulting from Mr. Trump’s tax reductions without triggering economically significant increases in interest rates.