Business Taxes

Tax Reform Bill Will Increase the Trade Deficit. Good or Bad?

Proposed Chinese Tariffs Will Raise Taxes Following a Large Tax Cut

The Trump administration’s plan to levy $60 billion in tariffs on Chinese products could negate 20 percent of the benefits of the recently adopted tax cuts.

How an Unexpected Revenue Ruling Penalizes Capital Investment in Pennsylvania, and How Lawmakers Can Fix It

Failure to reverse this newly adverse treatment of capital investment makes it less likely that businesses will invest in Pennsylvania.

New Study Debunks European Commission Claims Justifying New Taxes on Digital Companies

Two States Cut Taxes Due to Federal Tax Reform

‘Iowa-Grown’ Steel Under Threat by Tariffs

Hearing on Expired Provisions Shows Support for Ending Tax Extender Ritual

Inversions under the New Tax Law

The Tax Cuts and Jobs Act was meant to boost growth and deter corporate inversions. What does it mean that an Ohio company is still moving its HQ to the UK?

Lessons from the 2002 Bush Steel Tariffs

New Jersey on Path to Tying for Highest Corporate Tax Rate in Country

New Hampshire Could Become the Ninth Income Tax-Free State

Will Lawmakers Finally Decide the Fate of Tax Extenders?

Correct Decision to Exempt Canada and Mexico Assures that New Tariffs Won’t Work as Planned

President Trump’s plan to impose tariffs on all steel and aluminum imports–except those from Mexico and Canada–will not work as the administration hopes. It will increase costs for businesses and raise prices for consumers.

Tax Reform Isn’t Done

Expiring provisions, scheduled tax increases on investment, unresolved issues in the code—The Tax Cuts and Jobs Act was passed, but tax reform isn’t done yet.

Maine Tax Conformity Bill a Step Toward Better Policy

In the wake of the Tax Cuts and Jobs Act, Maine is considering conformity legislation that would improve the competitiveness of the state’s tax code.

Tax Reform Bill Will Raise Interest Rates. Good or Bad?

States Explore Taxing Carried Interest

Getting “Real” by Indexing Capital Gains for Inflation

Many elements of the income tax are adjusted for inflation, such as tax brackets, but the purchase price of assets that are later sold for capital gains or losses is not. Here’s the case for changing that.

New Tariff Plan Could Cost States $9 Billion

While the burden of Trump’s tariffs will ultimately be felt by most U.S. consumers, two-thirds of the new taxes will be initially borne by 10 states.

Tax Foundation Brief in Wayfair Online Sales Tax Case: SCOTUS Should Set Meaningful Limits on State Taxing Power

In the South Dakota v. Wayfair online sales tax case, the U.S. Supreme Court should ensure that state sales tax laws don’t burden interstate commerce.