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The Latest Breaking News from Tax Foundation

Tax Foundation Warns That Abolishing Property Taxes Could Undermine Schools and Police Funding

Property taxes remain one of the largest sources of local government revenue in the United States. According to the Tax Foundation, property taxes account for roughly 27% of all state and local tax collections nationwide and are the single largest source of tax revenue collected by local governments. Those dollars…

Everybody Loves Your Money

10 Cheapest Places to Live in Arizona

Moving to Arizona? Here's where to buy for the lowest property tax bills in the state.

Kiplinger

Property Tax Revolt Brewing: Home Values Up 27% Above Inflation Since 2020—Is Your State Next?

Homeowners across America are opening property tax notices and wondering how they are supposed to keep up. Even people who bought modest homes years ago...

Saving Advice

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10 Cheapest Places to Live in Georgia

Looking for affordable Georgia living? These counties offer the lowest property tax bills in the state.

Kiplinger

Europe’s tax divide: Why Germany and France tax labour far more than the UK

Across Europe, the share of labour costs taken in tax and social contributions varies sharply. The UK is among the lowest, but the headline figure masks wider differences in how work is taxed across the continent.

Euronews

No, tariffs are not strengthening the economy

A senior Tax Foundation economist examines the manufacturing job losses, GDP slowdown, and consumer price hikes that paint a very clear picture.

Fortune

10 Cheapest Places to Live in Virginia

The Commonwealth of Virginia has some cheap places to live. Here are a few if you hate paying property taxes.

Kiplinger

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Trump’s tariffs cost American families $1,000 last year, and the Tax Foundation warns 2026 will be even worse

But we’re supposed to be richer than ever!

We Got This Covered

Yes, you're getting a bigger tax refund. Your kids won't thank you for the $3 trillion it's adding to the deficit

I’m the president and CEO of the Tax Foundation. We expect 71% of taxes to be paid by the top 20% of earners in 2026.

Fortune

10 Cheapest Places To Live in Florida

Make your Florida vacation spot a place for daily living — these counties have the lowest property tax bills in the state.

Kiplinger

Trump's Tariff Stimulus Checks For 'Moderate-Income' Earners – Who's Really Getting $2,000?

Trump's proposed £2,000 tariff dividend would exclude 42% of households earning over $100,000, with experts warning costs far outweigh revenue—leaving many in limbo.

International Business Times UK

Money talks, but is Spain listening? Unpacking Madrid's tax policy

As Europe doubles down on a competitiveness drive, experts warn that Spain’s tax policies could be hitting growth.

Euronews

I Asked ChatGPT About Tariffs — And Here’s Who It Said Is Impacted Most

To get a foundation into tariffs, I asked ChatGPT to explain tariffs to me in very rudimentary terms. And here's who it said would be impacted most.

GOBankingRates

Is Your State Coming For Your Online Sports Bets?

Several states are trying to hike sports betting tax rates in 2025. Here’s how it could affect you.

Kiplinger

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Al Jazeera

Trump warns of 68% tax hike if budget bill fails. Not true, say experts

Think tanks say the tax might rise by 7.5 percent if the ‘Big Beautiful Bill’ does not pass, rejecting Trump’s claims.

Fortune

Republican tax bill would actually decrease the poorest Americans' incomes

Many Americans who make less than $51,000 a year would see their after-tax income fall if the legislation is passed as is.

Al Jazeera

How much will Donald Trump’s tariffs cost US families?

US households will have to pay an estimated $4,000 more per year due to tariffs imposed by the US president.

Kiplinger

Gen X, Boomers, Millennials, or Gen Z: Which Generation Pays the Most Taxes?

Polls show that most people feel like taxes are unfair. But which age group bears the brunt of the tax burden in the United States?

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news in one place.

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Kiplinger

Ease the Tax Bite When You Tap Retirement Accounts

Savvy retirees tap retirement accounts with a tax plan. Each type of account may have different tax rules and rates, so know before withdrawing funds.

Reason

Get Your Gross Sex Out of My Sick Politics!

Plus: "Black Nazi,” Oprah interviews Kamala, and yet another looming government shutdown.

Reason

Brace for Big Tax Hikes in 2026 Unless Congress Acts

The Tax Cuts and Jobs Act expires at the end of 2025, with a high price tag for most Americans.

The Independent UK

As Biden, McCarthy butt heads on debt, what are differences?

There are stark differences in how President Joe Biden and House Speaker Kevin McCarthy want to shore up the government’s finances

Los Angeles Times

Michael Hiltzik: Wall Street Journal tells us to weep for the plight of the very, very rich

Coverage of the richest Americans in publications aimed at their tax bracket tend to fall into two genres.

WEKU

Black married couples face heavier tax penalties than white couples, a report says

The report is part of a growing body of research into whether institutions and policies reinforce preexisting racial disparities.

Fortune

More than half of states are considering personal income tax cuts this year

"States’ rainy day funds have never been better stocked."

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