Individual Income and Payroll Taxes

TCJA Family Provisions Offer Template for Tax Reform in 2025

The Tax Cuts and Jobs Act’s changes to family tax policy serve as a reminder to avoid looking at tax reform provisions in a vacuum.

Conference on Tax Cuts and Jobs Act’s Effects Shows Further Tax Reforms Needed in 2025

Lawmakers should see 2025 as an opportunity to consider more fundamental tax reforms. While the TCJA addressed some of the deficiencies of the tax code, it by no means addressed them all.

Tax Burden on Labor in Europe, 2024

To make the taxation of labor more efficient, policymakers should understand the inputs into the tax wedge, and taxpayers should understand how their tax burden funds government services.

A Comparison of the Tax Burden on Labor in the OECD, 2024

Governments often justify higher tax burdens with more extensive public services. However, the cost of these services can be more than half of an average worker’s salary.

National Tax Literacy Poll: Understanding the Tax Code

To make sound financial decisions and support better tax policy, taxpayers should understand the taxes they face. Unfortunately, most U.S. taxpayers do not know or are unsure of basic tax concepts.

Simplifying Saving and Improving Financial Security through Universal Savings Accounts

Universal savings accounts would boost savings for low-income households, allowing them to better withstand economic shocks, such as pandemics and recessions, and plan for major expenses, such as an expanded family, education, and housing needs.

Overview and Analysis of the Impact of Marginal Taxes on High Incomes in the European Union

The recent push to increase taxes on the wealthy has gained significant traction across Europe. This report highlights the obstacles and complex interplay between tax policy and economic behavior, suggesting that simply raising tax rates on the wealthy might not yield the intended social benefits.

Kansas Lawmakers Should Prioritize Pro-Growth, Structurally Sound Tax Reforms in Special Session

With a robust surplus and plenty saved for a rainy day, Kansas can afford substantial tax relief, but not all tax relief is created equal.

Why We’re Closely Watching Moore v. U.S.

The Moore case could have important impacts on tax policy.

America Should Learn from Successful Universal Savings Policy Across the Pond

For U.S. policymakers looking to encourage greater saving and financial security, particularly among low- and moderate-income households facing serious affordability challenges, the experiences in both the UK and Canada indicate that universal savings accounts are an effective policy tool to help reach that goal.

Caitlin Clark’s Other Audience: State Tax Departments

When Caitlin Clark and Angel Reese made their WNBA preseason debuts, basketball fans across the country tuned in. But there’s another audience that also follows along: state revenue officials, who will expect their piece of the pie each time these star athletes—and their teammates—come to town.

Options for Navigating the 2025 Tax Cuts and Jobs Act Expirations

Policymakers should have two priorities in the upcoming economic policy debates: a larger economy and fiscal responsibility. Principled, pro-growth tax policy can help accomplish both.

Expiring TCJA Tax Provisions in 2026 Would Produce Substantial Tax Hike across the U.S.

At the end of 2025, the individual tax provisions in the Tax Cuts and Jobs Act (TCJA) expire all at once. Without congressional action, most taxpayers will see a notable tax increase relative to current policy in 2026.

Georgia Implements Structurally Sound Tax Changes

Two bills in Georgia will lower the flat individual income tax rate and align the corporate income tax rate with the individual income tax rate.

Why Are the Individual Tax Cuts Expiring?

The TCJA improved the U.S. tax code, but the meandering voyage of its passing and the compromises made to get it into law show the challenges of the legislative process.

Taxocracy Tales with Scott Hodge

All taxes tell a story, and today we’ll explore how taxes influenced Bob Dylan’s decision to sell his music catalog, how the “chicken tax” reshaped the auto industry, and how the historic “tax on air and light” had profound effects on architecture and living conditions.

State Income Taxes and the 2024 NFL Draft Class

Here’s how much NFL players can expect to pay in state and local income taxes—to all relevant states—at multiple salary levels, by team.

Gross Income

Unstable Taxes and an Unpredictable Future

When the tax code is stable and predictable, individuals, families, and businesses can set goals for the future and make plans to achieve them.

Testimony: International Tax Avoidance

Lawmakers should aim for policies that support investment and hiring in the United States and refining anti-avoidance measures to improve administrability and lower compliance costs.