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The Latest Breaking News from Tax Foundation

Trump's $2,000 Tariff Dividend Stumbles On Math: Cost Far Exceeds Revenue

President Donald Trump's proposal to fund $2,000 "tariff dividend" checks for American households using revenue from his new import tariffs faces a massive arithmetic gap, with estimated costs vastly outpacing revenues by hundreds of billions of dollars.

Benzinga · Nov 27, 2025

Are New Trump $2,000 Stimulus Payments Coming in 2026? What to Know Now

A promise of $2,000 tariff dividend checks is raising questions and fueling confusion.

Kiplinger · Nov 18, 2025

Cigarette Taxes Push Smokers to Black Markets, Costing States Billions in Lost Revenue

Punitive levies drive black markets, fuel criminal enterprises, and—perhaps counterintuitively—help people evade the tax man.

Reason · Nov 14, 2025

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Trump’s $2K Dividend: What Low-Income Americans Should Expect

Here's what qualifying recipients of the hypothetical tariff dividend payment could expect.

GOBankingRates · Nov 13, 2025

Emergency Tax Bill Ends $6,000 Senior Deduction and Tip, Overtime Tax Breaks in D.C.

Here’s how state tax conformity rules could immediately raise your income tax liability.

Kiplinger · Nov 11, 2025

President Trump proposes $2,000 tariff rebate check — here's who could get it

President Trump floated the idea of giving every American adult $2,000 out of the US’ collected tariff revenue. Here’s everything you need to know about these proposed tariff checks.

Tom’s Guide · Nov 10, 2025

Tax Competitiveness Index: Which countries are performing best in Europe?

Setting tax rates is a delicate task for policymakers, who must promote fairness without pushing firms and wealthy individuals toward lower-levy jurisdictions. According to the Tax Foundation, which countries are getting it right?

Euronews · Nov 2, 2025

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Abolish Property Taxes?

Florida Republicans propose not one, not two, but seven different constitutional amendments to cap, cut, or even eliminate property taxes.

Reason · Oct 28, 2025

I Asked ChatGPT What Would Happen if We Taxed Wealth Instead of Income — Here’s What It Said

Wealth disparity among U.S. households is striking.

GOBankingRates · Oct 26, 2025

Three Critical Tax Changes Could Boost Your Paycheck in 2026

The IRS predicts these tax breaks may change take-home pay in 2026. Will you get over $1,000 in tax savings?

Kiplinger · Oct 23, 2025

Don't Extend Obamacare Subsidies To End the Government Shutdown

Government interference in health care should be reduced, not expanded.

Reason · Oct 22, 2025

The Most Tax-Friendly States for Investing in 2025 (Hint: There Are Two)

Living in one of these places could lower your 2025 investment taxes — especially if you invest in real estate.

Kiplinger · Sep 14, 2025

Five States Without Sales Tax in 2025: What to Know

Is your state’s ban on sales tax actually saving you money? Probably not as much as you might think.

Kiplinger · Sep 13, 2025

Trump’s Big Beautiful Bill Reduces Federal Taxes in Every State: Here’s How Much of a Cut You Could See

Most taxpayers just dodged a major tax hike. See how much you could save under Trump’s extended tax cuts and which states benefit the most -- and least.

GOBankingRates · Sep 3, 2025

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Kiplinger · Sep 2, 2025

Another State Rebels Against Trump’s New 2025 Tax Law: What Now?

Even if states adopt tax policies in the so-called ‘big beautiful bill,’ lawmakers may have workarounds at their fingertips.

Kiplinger · Aug 24, 2025

Ten Cheapest Places to Live in Tennessee

Moving to Tennessee might be within your reach. Homeowners in these counties pay some of the lowest property tax bills in the state.

GOBankingRates · Aug 21, 2025

Here’s the Truth About the $600 Tariff Checks, According to One Money Expert

Confused about the $600 tariff checks? A top money expert breaks down who qualifies, what it means, and how to claim your refund before it’s too late.

Reason · Aug 20, 2025

Tariffs Begin Taking a Bite out of the Economy

Tariffs are taxes, and we pay the price.

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news in one place.

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GOBankingRates · Aug 18, 2025

4 Ways Trump’s ‘Big, Beautiful Bill’ Is Sparking an Investment Surge Across US Businesses

Here are four ways the "Big, Beautiful Bill" could spark an investment surge among U.S. businesses.

GOBankingRates · Aug 16, 2025

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.

Kiplinger · Aug 16, 2025

A New Guide to Choosing Where to Retire

A comprehensive guide to deciding where is the best place for you to retire.

Reason · Aug 1, 2025

The IRS Is Now 25 Percent Smaller (and, Hopefully, Less Dangerous)

We still need real tax reform and much lower federal spending.

GOBankingRates · Aug 1, 2025

3 Things Dave Ramsey Likes About Trump’s Big Beautiful Bill

Dave Ramsey breaks down Trump’s Big Beautiful Bill. Here are 3 things he actually supports—and why he says it still won’t change your financial life.

GOBankingRates · Jul 30, 2025

3 Things Parents Need To Know About New $1K ‘Trump Accounts’ for Kids

Trump Accounts offer $1,000 for kids born between 2025 and 2028. Learn how they work, who qualifies and whether they’re a better option than 529 plans.

GOBankingRates · Jul 28, 2025

Who Benefits From Tax Changes in Trump’s ‘Big Beautiful Bill’?

Analyzing the distribution of these benefits reveals a complex picture of who truly gains from these changes .

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