Top Five Options Guide Reforms to Simplify the Tax Code
Congress has passed some major simplifying reforms in recent years, but the tax code has still grown more complex over the past few decades. New carveouts, savings vehicles, and ta...
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Congress has passed some major simplifying reforms in recent years, but the tax code has still grown more complex over the past few decades. New carveouts, savings vehicles, and ta...
Tax Foundation’s new resource, Options for Reforming America’s Tax Code 3.0, demonstrates that not all revenue-raising options are created equal—some do more harm to the economy th...
Ten years ago, then-Speaker Paul Ryan and Ways and Means Chairman Kevin Brady released the "Better Way" Tax Plan, the blueprint that would eventually become the Tax Cuts and Jobs A...
A Destination-Based Cash Flow Tax (DBCFT) reduces the tax code’s penalty on investment, narrows its bias toward debt over equity, and removes much of the incentive to shift profits...
The “no tax on” deductions show the drawbacks of using narrowly tailored provisions to provide tax relief.
The tax code is overdue for a good housecleaning.
If America’s leaders today want to learn how to build a lasting system on the foundation of simplicity and neutrality, they should follow the Siim Kallas blueprint.
Rather than continuing the Trump administration’s tariff policy, policymakers should explore new solutions that can raise sustainable revenue with fewer distortions, like replacing...
How we support savings in the US is too complex, and Trump Accounts worsen the problem. If lawmakers truly want to increase savings for taxpayers from day one, they should look to...
Investment in digital assets, long thought of as a niche interest reserved for enthusiasts, has broken into the mainstream. In 2026, about one in five US adults report being invest...
America may be entering a period of extraordinary economic opportunity. Artificial intelligence could drive a wave of investment, construction, productivity, and growth. The questi...
The proposed GROWTH Act would make the tax treatment of investment funds more consistent and improve the tax treatment of saving in the US by allowing investors to defer tax on qua...
Chris Cioffi & Lauren Vella (Bloomberg Law): Republican Floats Package to Deter DSTs, Boost Foreign Credits A key Republican tax writer is floating a new package of internation...
Hall’s research helped economists understand how taxes distort investment decisions, while his work with Rabushka shows how to minimize those distortions. Although the US remains f...
There is a real danger that the well-founded admiration of expensing can slip into the belief that rates will not matter if the business tax base is correctly designed. Avi-Yonah’s...
On Election Day, Coloradans will get to decide on two competing measures on income taxes: an initiated statute that would cap income taxes at the current 4.4 percent rate; and a co...
Florida has long maintained one of the nation’s most competitive state tax codes, but a fundamental change proposed by Amendment 3 could undermine that competitiveness.
Lawmakers can use this moment to advance a more progressive and racially-just tax system by evaluating tax proposals across five dimensions: equity, adequacy and stability, simplic...
Senator Tim Kearney (D-Delaware) is introducing legislation to amend the Pennsylvania Constitution by repealing the Uniformity Clause, a provision that locks Pennsylvania into one...
Yuval Levin offers Atlantic readers ideas for improving the way the American government functions. Phases of intense dysfunction and frustration in American public life have tended...
The Education Freedom Tax Credit allows taxpayers to direct up to $1,700 of their tax bill to nonprofits that grant scholarships to pay for educational expenses.
The adjustment could provide financial relief for taxpayers who find that more of their income is taxed at lower rates, a Bloomberg analysis suggests.
While there are many factors that affect a country's economic performance, taxes play an important role. A well-structured tax code is easy for taxpayers to comply with and can pro...
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