How Smart Policy Can Unlock VAT’s Revenue Potential
Closing the EU’s value-added tax (VAT) actionable policy gap could yield €773 billion in government revenue—four times the EU’s 2026 budget.
8 min read
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Cigarette Taxes in Europe, 2026
Cigarette smokers in the European Union pay far more in excise taxes than they do for the cigarettes themselves. Our latest map illustrates the wide variance in cigarette excise taxes across EU Member States.
6 min read
We Tracked Every Trump Tariff Change for a Year. Here’s What We Found.
One year later, the evidence shows the tariffs were not reciprocal, did not generate the promised investment boom, raised less revenue than projected, and contributed to higher prices.
Georgia Needs to Aim for True Tax Improvement, not Just Change
It’s for good reason that Georgia wants to eliminate the income tax and rein in property taxes. However, the changes Georgia would need to make to accomplish these goals would work against its overall competitiveness.
8 min read
Facts & Figures 2026: How Does Your State Compare?
Facts & Figures serves as a one-stop state tax data resource that compares all 50 states on over 40 measures of tax rates, collections, burdens, and more.
2 min read
In 2026, Both Parties Are Dodging the Truth on Taxes
As the policy debate for the next presidential election begins to take shape, both sides need to be honest about their plans for addressing the actual challenges our country faces.
Liberation Day Was One Year Ago: Did the President’s Tariff Promises Happen?
One year after “Liberation Day,” evidence shows President Trump’s tariffs were not reciprocal, did not generate the promised investment boom, raised less revenue than projected, and contributed to higher prices.
7 min read
Road Taxes and Funding by State, 2026
The amount of revenue states raise through roadway-related revenues varies significantly across the US. Only two states raise enough revenue to fully cover their highway spending.
5 min read
Dividend Tax Rates in Europe, 2026
Many countries’ personal income tax systems tax various sources of individual income—including investment income such as dividends and capital gains.
4 min read
Tax Policy Can Lower Housing Costs. Here’s How.
Some form of improved cost recovery for structures—whether full expensing, expensing with a per-unit cap, neutral cost recovery, or simply shortening the asset life of residential structures—is one of the most powerful pro-housing supply options available to federal policymakers.
5 min read
Congress Has 150 Days To Prove It Still Holds the Power of the Purse. Will It?
Unlike the IEEPA tariffs, which were stopped by the Supreme Court, the new Sec. 122 tariffs require congressional authorization after 150 days.
Would California’s Wealth Tax Be Temporary?
Proponents of a California wealth tax ballot initiative insist that the proposed wealth tax is temporary: a one-time 5 percent tax that can be paid upfront or over five years with deferral charges. Others are skeptical that the wealth tax would be allowed to expire.
6 min read
Details and Analysis of the Van Hollen and Booker Tax Cut Plans
Senators Chris Van Hollen (D-MD) and Cory Booker (D-NJ) have each introduced proposals aimed at cutting taxes for lower- and middle-income taxpayers and raising them on high-income taxpayers.
9 min read
Colorado Considers Legislation to Tax Phantom Income
Under HB26-1221, Colorado would make two changes that raise additional revenue by taxing income that doesn’t actually exist. The proposed changes to the state’s alternative minimum tax and net operating loss provisions are designed to overstate income, leading to double taxation and distorting taxpayer behavior.
5 min read
Should We Tax Artificial Intelligence?
AI is everywhere, and now it’s in the tax policy debate.
New Mexico Could Backslide If It Decouples from Pro-Growth Tax Policy
New Mexico’s SB 151 decouples from the OBBBA’s full expensing provision, making the state’s tax climate less competitive.
4 min read
A Competitive Tax Code Doesn’t Have to Sacrifice Revenue
Structural reforms such as broadening tax bases, improving cost recovery, and shifting toward less distortive taxes can improve competitiveness without necessarily reducing revenue.
7 min read
Side-by-Side Implementation Is a Good Start, but It’s Just the Beginning
The side-by-side agreement is an important step in trans-Atlantic economic relations, however, there is more work to be done—on both sides of the Atlantic. If there’s a downside to the side-by-side agreement, it’s the risk of locking in mediocre tax policy choices for the long run.
Ohio Expensing Conformity Will Boost Innovation and Competitiveness
Ohio’s SB 9 will boost economic growth by conforming Ohio’s tax code to the domestic research and experimentation (R&E) immediate cost recovery provision in the One Big Beautiful Bill Act.
8 min read
Pharmaceutical Tariffs Would Add Costs and Reduce Innovation
Thought the Trump administration has not yet imposed new, industry-specific tariffs on drugs or active pharmaceutical ingredients, such tariffs would be a hidden cost on Americans: they would shrink incomes, reduce investment, and lead to less innovation.
7 min read