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Tax policy is all about trade-offs.
Our new guide analyzes 86 potential changes to the federal tax code, considering their impact on federal revenue, the long-term debt trajectory, the distribution of after-tax income, and the US economy.
Launch our interactive tool: hubs.ly/Q04r06M-0
Economists and journalists have been pointing to a labor share of income series from the Bureau of Labor Statistics (BLS) as evidence that capital is taking an ever-increasing slice of the economic pie. But a closer look at the national income accounts shows a different story.
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Rather than continuing the Trump administration’s tariff policy, policymakers should explore new solutions that can raise sustainable revenue with fewer distortions, like replacing the tariffs with a value-added tax.
Read more: hubs.ly/Q04BW27n0
How do taxes in your state compare regionally and nationally? Facts and Figures, a resource we’ve provided to US taxpayers and legislators since 1941, 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.
Explore the latest data: hubs.ly/Q04BW1Y30
The least competitive tax codes in the OECD:
29. 🇮🇪 Ireland
30. 🇬🇧 United Kingdom
31. 🇩🇰 Denmark
32. 🇵🇱 Poland
33. 🇵🇹 Portugal
34. 🇮🇸 Iceland
35. 🇪🇸 Spain
36. 🇮🇹 Italy
37. 🇨🇴 Colombia
38. 🇫🇷 France
See full rankings: hubs.ly/Q04BV_mM0
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 invested in or using cryptocurrency.
Read more: hubs.ly/Q04BVW5x0
Tax policy is all about trade-offs.
Our new guide analyzes 86 potential changes to the federal tax code, considering their impact on federal revenue, the long-term debt trajectory, the distribution of after-tax income, and the US economy.
Launch our interactive tool: hubs.ly/Q04BVV-j0
The California Billionaire Tax Act (Proposition 40), which imposes a one-time 5 percent tax on billionaires’ net worth, is vulnerable to numerous constitutional challenges, any of which could invalidate the tax in whole or in part.
Read more: hubs.ly/Q04BVVXt0
When properly measured, consistent with how we assess progressivity in tax policy, Social Security benefits are progressive.
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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 marginal investment projects.
Read more: hubs.ly/Q04BVVX30
Taxes are on the ballot in November. Voters in 17 states will decide for themselves how their states raise revenue. Our new ballot tracker and podcast discussion break down the measures worth watching: hubs.ly/Q04BVVS70
Publicly held debt is projected to rise to a new record high of 106 percent of GDP within the next four years and continue to rise to 120 percent by 2036 and 175 percent by 2056.
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Wealth taxes make states less competitive, increase revenue volatility, discourage investment, and risk accelerating outmigration of talent and capital. Many top-earners are already leaving high-tax states for Florida, North Carolina, and other low-tax jurisdictions.
Read more: hubs.ly/Q04BDmsp0
On Election Day, Coloradans will get to decide on two competing measures on income taxes: Amendment 87 and Proposition 136.
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The US federal government faces several fiscal challenges in the coming decades, including the growing burden of federal healthcare programs and tax preferences.
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Tax Foundation retweeted
🎉 The 2026 rankings are in! How competitive is your country’s tax code?
See how your country compares with our new interactive tool: hubs.ly/Q04BspXV0
The structure of a country’s tax code is a determining factor of its economic performance. A well-structured tax code is easy for taxpayers to comply with and can promote economic development while raising sufficient revenue for a government’s priorities. In contrast, poorly structured tax systems can be costly, distort economic decision-making, and harm domestic economies.
The International Tax Competitiveness Index gives a comprehensive overview of how OECD countries’ tax codes compare, explains why certain tax codes stand out as good or bad models for reform, and provides important insight into how to think about tax policy.
🌎 The most competitive tax codes in the OECD:
1. 🇪🇪 Estonia
2. 🇱🇻 Latvia
3. 🇳🇿 New Zealand
4. 🇨🇭 Switzerland
5. 🇱🇹 Lithuania
6. 🇱🇺 Luxembourg
7. 🇨🇿 Czech Republic
8. 🇦🇺 Australia
9. 🇹🇷 Turkey
10. 🇭🇺 Hungary
See full rankings: hubs.ly/Q04BDlFk0
Studies have repeatedly shown that US businesses and consumers are bearing a disproportionate share of the tariff burden.
Read more: hubs.ly/Q04Bznzk0
How do taxes in California compare?
Get facts about taxes in your state and around the US: hubs.ly/Q04BznC80
The economic damage from a chaotic tariff regime can outweigh the revenue itself, and unlike the tariffs, it cannot be refunded.
Read more: hubs.ly/Q04BqMXK0
Tax Foundation retweeted
It's that time of year again!
🎉 The 2026 rankings are in! How competitive is your country’s tax code?
See how your country compares with our new interactive tool: hubs.ly/Q04BspXV0
The structure of a country’s tax code is a determining factor of its economic performance. A well-structured tax code is easy for taxpayers to comply with and can promote economic development while raising sufficient revenue for a government’s priorities. In contrast, poorly structured tax systems can be costly, distort economic decision-making, and harm domestic economies.
The International Tax Competitiveness Index gives a comprehensive overview of how OECD countries’ tax codes compare, explains why certain tax codes stand out as good or bad models for reform, and provides important insight into how to think about tax policy.









