Applying the sales tax, a traditional broad-based consumption tax, is perfectly appropriate, but excessive targeted taxation ...

Studies have repeatedly shown that US businesses and consumers are bearing a disproportionate share of the tariff burden.

Americans will spend 6.9 billion hours complying with IRS tax filing and reporting requirements in 2026, costing about $387 ...

Barrel tax complexity: six states define barrels of oil or beer at non-standard volumes, adding compliance costs for ...

The European Union’s revised Tobacco Excise Directive (TED) is the latest proposal from Brussels that raises questions about ...

Expensing for capital investment is not a special tax break. Expensing aligns the timing of tax deductions with the timing of actual capital expenditures so that the tax code does not discourage ...

Most research to date finds that US importers have borne between 90 and 100 percent of the tariffs. A new paper finds that foreign exporters absorbed 47 percent of the tariff burden, passing on a ...

Encouraging investment in the United States has been a goal of the past several presidential administrations. The Obama administration’s stimulus plan (the American Recovery and Reinvestment Act); the ...

Fuel taxes continue to be a central policy consideration for European countries amid supply chain disruptions related to the Russo-Ukraine war, increased emphasis on environmental policy, and ...

Note: (a) Control states where effective rate data is unavailable. Products may be subject to ad valorem markups and excise taxes. (b) Different rates also applicable according to alcohol content, ...

New Internal Revenue Service data for taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general ...

Over the 10 editions of the International Tax Competitiveness Index from 2016 through 2025, the largest improvements in tax system quality came chiefly from reforms made by national legislatures: ...