Sales Tax Holidays by State, 2026
However well-intended they may be, sales tax holidays remain the same as they always have been—ineffective and inefficient.
12 min read
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Tax Subsidies for R&D Expenditures in Europe, 2026
Many countries incentivize business investment in research and development (R&D), intending to foster innovation. A common approach is to provide direct government funding for R&D activity. However, a significant number of jurisdictions also offer R&D tax incentives.
5 min read
Carbon Taxes in Europe, 2026
In recent years, several countries have taken measures to reduce carbon emissions, including instituting environmental regulations, emissions trading systems (ETSs), and carbon taxes.
5 min read
Wine Taxes by State, 2026
Whether a sommelier or a casual enjoyer, wine drinkers may not be aware of just how much they are paying in taxes to uncork their drink of choice.
6 min read
VAT Exemption Thresholds in Europe, 2026
Worldwide, 175 countries—including all major European countries—levy a value-added tax (VAT) on goods and services. However, to reduce compliance and administrative costs, most countries have VAT exemption thresholds: if a business is below a certain annual revenue threshold, it is not required to participate in the VAT system.
3 min read
Beer Taxes by State, 2026
In the United States, taxes are the single most expensive ingredient in beer. The tax burden accounts for more of the final price of beer than labor and materials combined—the many different layers of applicable taxes combining to total as much as 40.8 percent of the retail price.
7 min read
Financial Transaction Taxes in Europe, 2026
Fourteen countries in Europe—Belgium, Finland, France, Greece, Hungary, Ireland, Italy, Malta, Poland, the Slovak Republic, Spain, Switzerland, Turkey, and the United Kingdom—currently levy a type of financial transaction tax.
3 min read
Distilled Spirits Taxes by State, 2026
The significant disparity in tax rates across states underscores the complex tax and regulatory environment governing distilled spirits.
9 min read
Net Operating Loss Carryforward and Carryback Provisions in Europe, 2026
Carryover provisions help businesses “smooth” their risk and income, making the tax code more neutral across investments and over time.
5 min read
State and Local Tax Collections Per Capita by State, 2026
Tax collections vary widely by state, making per capita collections figures—a measure of collections per person—especially useful, as they allow comparisons across differences in tax rates and bases, economic capacities, and policy decisions that impact the size and scope of government.
5 min read
Digital Services Taxes in Europe, 2026
Currently, about half of all European OECD countries have either announced, proposed, or implemented a digital services tax. Because these taxes mainly impact US companies and are thus perceived as discriminatory, the US responded with retaliatory tariff threats.
5 min read
Tax Burden on Labor in Europe, 2026
To make the taxation of labor more efficient, policymakers should understand their country’s tax wedge and how their tax burden funds government services.
5 min read
Americans Are Moving to States with Lower Taxes and Sound Tax Structures
Millions of Americans, along with significant amounts of income and economic activity, are moving from high-tax states to those with more competitive tax systems and lower overall costs of living.
8 min read
After Pandemic Relief Ended, CBO Shows Federal Taxes Remained Progressive in 2022
In 2022, incomes for the bottom 80 percent of earners were slightly lower after taxes and transfers compared to 2020 and 2021, driven by expiring pandemic-era policies.
6 min read
Summary of the Latest Federal Income Tax Data, Tax Year 2023
New IRS data shows the US federal income tax system continues to be progressive as high-income taxpayers pay the highest average income tax rates. Average tax rates for all income groups remain lower after the Tax Cuts and Jobs Act (TCJA).
6 min read
Recreational Marijuana Taxes by State, 2026
Nearly half of US states regulate and tax recreational markets, and only 10 states still lack a comprehensive medical marijuana program.
8 min read
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
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
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