Can States Really Axe the Property Tax?
As home values have spiked, Florida and other states are weighing elimination of property taxes.
As home values have spiked, Florida and other states are weighing elimination of property taxes.
Lawmakers have a prime opportunity to achieve a more stable economy through the debate about the tax code that is now ramping up.
As the current tax package stands, the House’s use of temporary policy is leaving most of the economic growth opportunities on the table.
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As lawmakers continue to debate the “One Big Beautiful Bill,” they should abandon temporary and complex policy in favor of simplicity and stability.
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The tax bill prioritizes politics over economic growth, writes Daniel Bunn.
The unique complexities of tax design for sports betting excise taxes make optimal tax design particularly challenging. Any reforms to the federal sports betting tax should ensure that both bettors and operators find legal markets more attractive than illicit markets.
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Tax simplification has two aspects. The first is a code without a mess of targeted provisions for various social policy goals. The second is a code with provisions that are simple and easy to comply with. The bill succeeds at the first, but fails at the second.
7 min read
In Washington, Gov. Ferguson (D) will soon have to act on legislation enacting a far more sweeping tax on Washington-based businesses than lawmakers imagined.
7 min read
The Polish government is considering converting its traditional corporate income tax into a tax on distributed profits. We estimate that this reform would result in greater investment, a larger productive capital stock, and higher economic output in the long run.
29 min read
Political popularity isn’t always a reliable gauge of sound policy—and that’s certainly true of President Donald Trump’s idea to eliminate taxes on tips, bonuses, and overtime pay.