Major Publications

America Already Has a Progressive Tax System

Recent interest in raising the tax burden on high-income individuals glosses over the fact that the U.S. federal tax code is already progressive.

Corporate Tax Rates Around the World, 2018

Since 1980, the worldwide average statutory corporate tax rate has consistently decreased as countries have realized the negative impact that corporate taxes have on business investment decisions.

The TCJA Improved the United States’ International Tax Competitiveness Index Rankings

2018 International Tax Competitiveness Index

The structure of a country’s tax code is an important determinant of its economic performance. Our 2018 international tax rankings provide a road map for each of the 35 OECD countries to improve the structure of their tax codes and achieve a more neutral, more competitive tax system.

A Comparison of the Tax Burden on Labor in the OECD, 2018

Before accounting for state and local sales taxes, the tax burden that a single average wage earner faces in the U.S. is 31.7 percent of pretax earnings, amounting to $18,198 in taxes in 2017.

New Jersey May Adopt Highest Corporate Tax in the Country

New Jersey Still Considering Hefty Corporate Tax Increase, a Move in the Wrong Direction

Capital Cost Recovery across the OECD, 2018

One hundred percent expensing for short-life business investments was a great start but needs to be enacted on a permanent basis for it to have an impact on long-term decision-making.

Sources of Government Revenue in the OECD, 2018 Update

The U.S.’s New Ranking on the International Tax Competitiveness Index

The TCJA is projected to improve the United States’ current ranking from 30th among the 35 Organisation for Economic Co-operation and Development (OECD) countries to 25th, an improvement of five places.

State Tax Changes That Took Effect on January 1, 2018

House Tax Cuts and Jobs Act Would Substantially Improve the U.S.’s International Tax Competitiveness

Considered as a whole, this plan would make the U.S. substantially more competitive, not only due to lower rates but also due to a better tax structure.

2017 International Tax Competitiveness Index

Hampered by high marginal tax rates and complex business tax rules, the United States again ranks towards the bottom of the pack on our 2017 International Tax Competitiveness Index, placing 30 out of 35 OECD countries.

North Carolina Continues its Successful Tax Reforms

How Much Does Your State Collect in Corporate Income Taxes Per Capita?

Corporate Income Tax Rates around the World, 2017

The last time the U.S. reduced its federal corporate income tax rate was in 1986. Since then, countries throughout the world have significantly reduced their rates, leaving the U.S. with the fourth highest statutory corporate tax rate in the world and an overall uncompetitive tax system.

Sources of Government Revenue in the OECD, 2017 Update

Notes on Trump’s Tax Policy Speech in Missouri

A Comparison of the Tax Burden on Labor in the OECD, 2017

Designing a Territorial Tax System: A Review of OECD Systems

A well-designed territorial tax system would reduce the incentive for companies to invert, encourage businesses to invest in and expand operations throughout the world, and allow capital to flow more freely back to the U.S., but would also come with some new challenges.