The Latest Breaking News from Tax Foundation

Sky-High European Cigarette Taxes Drive Thriving Black Market

Smuggled smokes account for more than a third of consumption in France and Ireland.

Reason · Apr 15

10 Cheapest Places to Live in South Carolina

From the outskirts of Myrtle Beach to the Upstate, these affordable gems have the lowest property tax bills in the state.

Kiplinger · Apr 11

6 Ways to Make the Most of Your 2026 Tax Refund

With record amounts expected to be returned to taxpayers this year, having a plan for the money in advance is key.

Kiplinger · Mar 31

Is Your West Coast State Quietly Draining Your Wealth? 5 More Affordable States for West Coasters to Grow Wealth

For many Americans, living on the West Coast is a dream.

GOBankingRates · Feb 22

'Huge Relief': Small Business Owners Celebrate Supreme Court Striking Down Trump's Tariffs

The battle against the president's so-called reciprocal tariffs is won, but the war for free trade and a stable business environment continues.

Reason · Feb 20

Trump’s tariffs are set to cost the average household an extra $1,300 this year, study finds

The sweeping levies amount to the largest tax increase since 1993, the study found

The Independent UK · Feb 18

90% of Trump's tariffs are paid for by American consumers and companies, New York Fed says

The president has insisted other countries are paying for his import taxes. American companies and consumers are telling a different story.

Fortune · Feb 13

Top personal income tax rates in Europe: Who pays the most in 2026?

In most European countries, people who earn more generally pay higher taxes. But top personal income tax rates for those in the highest brackets vary widely, with a clear divide between Northwestern and Eastern Europe.

Euronews · Feb 13

Trump’s tariffs cancel out what he claims is ‘the largest tax cut in American history’: The average person will lose $300 even after refunds

“If the tariffs were out of the picture, it would be real relief for American workers and businesses,” the Tax Foundation’s Erica York told Fortune.

Fortune · Feb 12

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 · Feb 10