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european economic competitiveness, united states tax policy

The Transatlantic Balancing Act

Instead of getting stuck in a reactionary posture, European countries should simply aim for competitiveness, and the EU can support that work with stronger, more stable trade relationships.

Does the G7 Global Minimum Tax "Side-by-Side" Solution Give US Multinationals an Advantage?

Side-by-Side Pillar Two Deal a Good Start Toward Tax Simplicity

The US has a reasonably robust system for containing profit shifting; it is in effect already working towards the Pillar Two goals. Its negotiating posture is in many cases curbing unreasonable sidetracks, not undermining the whole project.

Bureau of Labor Statistics Trump economic data Will E.J. Antoni Raise Your Taxes?

Taxpayers Need the BLS to Stay Out of Politics

President Trump’s recent decision to replace the commissioner of the Bureau of Labor Statistics has the feeling of replacing the meteorologist and hoping you get better weather. But economic data affect government actions and could have surprising consequences. If nominee E.J. Antoni manipulates the statistics to make Mr. Trump look good, you could end up paying higher taxes.

Back to School: Teaching Taxes TaxEDU webinar on tax literacy in education

Tax Literacy Belongs in Every Classroom

Though high schools will continue to teach the next generation about civics, English, and math, one critical topic remains missing from many classrooms: taxes.

Washington Commanders Stadium Subsidy Is a Billion-Dollar Fumble

This past spring, DC taxpayers were sidelined when the Washington Commanders announced that city aid would help fund a new stadium on the site of the vacant RFK Stadium. The $4 billion deal will be offset by a staggering $1.15 billion in public revenue.

The Economic and Distributional Impact of the Trump Administration’s Tariff Actions Economic Impact of Tariffs, trade tensions, trade, Trump china tariffs, trade tensions

Trump’s Next Task Is Turning ‘Beautiful Bill’ Into Economic Boon

The administration has a strong desire to boost manufacturing investment and there are many provisions in the new tax bill that support this aim. But the administration’s erratic trade policy is driving up the costs of key inputs that manufacturers rely on to build things in the US.

We are living in an age of hyperbole, or as writer Matthew Hennessey calls it, the “Age of Excusability,” in which our politicians succeed by making outlandish claims. So it goes with the One Big Beautiful Bill, which will usher in a new golden age or send us down the tubes for good, depending on your sources.

Big, Beautiful Bill Will Raise Both Growth and Deficits

We are living in an age of hyperbole, or as writer Matthew Hennessey calls it, the “Age of Excusability,” in which our politicians succeed by making outlandish claims. So it goes with the One Big Beautiful Bill, which will usher in a new golden age or send us down the tubes for good, depending on your sources.

New jersey tax relief, gubernatorial election 2025

New Jersey Taxpayers Deserve Tax Relief

New Jersey’s residents deserve tax relief, and the state must stem the tide of out-migration. Affordable reforms in the near term could pave the way for more sweeping, and competitive, reforms to take root in the future.

Trump tax policies, big beautiful bill, hurt low-tax states, state tax reform

Trump’s Policies Deal a Double Blow to Tax-Cutting States

President’s Trump’s policies would throw high-tax states a life raft as they swim against the tide—before potentially hitting all states with a tariff-induced economic tsunami that could force lawmakers’ hands and reverse recent tax relief.

rhode island tax bill, top income tax rate, massachusetts income tax

Rhode Island Should Not Imitate Massachusetts’ Tax Mistakes

Rhode Island lawmakers are debating raising the state’s top income tax rate. Though billed as a tax hike on high earners, the consequences would manifest across the state’s entire economy—creating a risk that Rhode Island will tax its way into uncompetitiveness.

Senators must hold down the SALT cap

Senators Must Hold Down the SALT Cap

As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a showdown over the state and local tax (SALT) deduction.