Leading nonpartisan tax policy research and analysis

Washington, DC
Joined October 2008
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
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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. Read more: hubs.ly/Q04BVW5y0
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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
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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
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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
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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
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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/Q04BVV-j0
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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
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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
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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
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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. Read more: hubs.ly/Q04Bzn9l0
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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.
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🌎 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
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How do taxes in California compare? Get facts about taxes in your state and around the US: hubs.ly/Q04BznC80
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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
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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.
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