Electric Vehicles Will Have a Long-Term Impact on the Gas Tax
In the wake of the Trump administration’s infrastructure plan, it’s worth considering how the gas tax will remain viable with the rise of electric vehicles.
3 min read
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Americans Consume Much More than They Invest
Recent data show that Americans stand out for consuming much more than they invest, and this is due in part to the tax code’s bias against savings.
3 min read
The United States’ Corporate Income Tax Rate is Now More in Line with Those Levied by Other Major Nations
The Tax Cuts and Jobs Act significantly reduced the federal statutory corporate income tax rate. When combined with state and local taxes, it put the U.S.’s corporate tax rate in line with the average among OECD nations.
4 min read
The ‘Grain Glitch’ Needs to Be Fixed
The Tax Cuts and Jobs Act tax preference for farm co-ops would distort agricultural activity and create tax planning opportunities for wealthy taxpayers.
9 min read
Introducing the Tax Foundation’s Tax Reform Calculator
The Tax Foundation’s 2018 tax reform calculator shows you how the Tax Cuts and Jobs Act will impact take-home incomes, taxes owed, and more.
2 min read
State Corporate Income Tax Rates and Brackets, 2018
State corporate income tax rates range from 3 percent in North Carolina to 12 percent in Iowa. Download and compare each state’s 2018 rates and brackets here.
6 min read
Testimony: Oregon Should Consider Decoupling From the Pass-Through Deduction
Oregon’s Legislative Revenue Office anticipates a $40 million revenue loss in fiscal year 2019, for one simple reason: absent legislative action to the contrary, Oregon will adopt the new pass-through deduction, while most other states will not.