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The Latest Breaking News from Tax Foundation

Cigarette Taxes and Regulations Continue To Fuel a Thriving Black Market

Burdensome taxes and red tape produce the same results as outright prohibitions.

Reason · Dec 6, 2024

A Taxpocalypse of Rising Rates Is Coming For Americans if Congress Doesn't Act

Here's how expiring tax cuts could affect you.

Reason · Dec 2, 2024

From higher tariffs to lower taxes, will Donald Trump’s economic plan pay off?

There is a strong chance of the president-elect’s radical strategy going wrong, with a high risk of rising prices, inflation and interest ratesBusiness live – latest updates

The Guardian - UK · Nov 8, 2024

From analysis to the latest developments in health,
read the most diverse news in one place.

Georgia measure would cap increases in homes' taxable value to curb higher property taxes

Georgia voters unhappy about rising property tax bills could limit how much of a home’s increasing value can be taxed

The Independent UK · Oct 17, 2024

Economists say inflation likely higher under Trump than Harris

For economists wary about prices under a Trump presidency, the Republican nominee’s tariff plans loom large.

Fortune · Oct 14, 2024

Don't Let High Taxes Break Your Heart This Valentine’s Day

We’ve mapped out the best states where your box of chocolates comes without a side of sales tax.

Kiplinger · Oct 11, 2024

Trump's Destructive Tariff Proposals Will Make Us All Poorer

The candidate’s protectionism offsets some otherwise positive tax ideas.

Reason · Oct 9, 2024

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Instead of Vote-Buying Tax Promises, Let's Have Real Plans for Tax Relief

Lower taxes are better taxes, but they should be part of well-considered plans.

Reason · Sep 25, 2024

Get Your Gross Sex Out of My Sick Politics!

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

Reason · Sep 23, 2024

How Much Will the Major Presidential Candidates Steal From You?

Neither Harris nor Trump has a plan to address national debt, but they dramatically differ on taxation.

Reason · Sep 16, 2024

Trump and Harris Both Favor Tax Hikes That Would Hurt Ordinary Americans

The costs of steep tariffs and a higher corporate income tax extend far beyond the advertised targets.

Reason · Sep 11, 2024

Will North Dakota Property Tax Be Eliminated?

A new property tax proposal will be a key ballot item for the Peace Garden State.

Kiplinger · Sep 9, 2024

How Trump and Harris Might Handle Expiring TCJA Tax Cuts

Many key provisions of the TCJA will expire soon. Here’s why it matters during the 2024 election cycle.

Kiplinger · Sep 4, 2024

How Tariffs Work and What They Mean for You in 2025

President Donald Trump wants to raise tariffs on all foreign goods, but who pays for the tax?

Kiplinger · Aug 28, 2024

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news in one place.

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Roll Call · Aug 21, 2024

Fact-checking Day 2 of the Democratic National Convention - Roll Call

Fact checking the second night of the 2024 Democratic National Convention

Salon · Aug 17, 2024

Experts: "No tax on tips" is a bad idea

Trump and Harris agree that tips shouldn't be taxed. Economists agree that won't help much — and could backfire

Latin Times · Aug 12, 2024

Economists put massive price tag on tax policy that Trump and Harris are both championing

Experts have deemed the proposal inefficient, while a recent study concluded that only 2.5% of workers would benefit from such a policy

The Independent UK · Aug 11, 2024

Trump and Harris now both advocate no tax on tips — but what are the potential pitfalls?

No tax on tips is a catchy slogan but how would it work in practice?

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news in one place.

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InsideEVs · May 16, 2024

Why Biden’s Chinese EV Tariffs May Succeed Where Trump’s Failed, For Now

The new tariffs could be great for the U.S. auto industry. The risk is automakers will use them as an excuse to slow-walk their EV plans.

Reason · May 13, 2024

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.

Reason · Apr 18, 2024

This Tax Week, Remember That the Federal Income Tax Is Relatively New

There are many pervasive myths about the U.S. tax code. Here are a few.

Reason · Apr 12, 2024

Poll: Americans Don't Think All This Government Is Worth What We Pay for It

The situation is more dire when you consider how much federal spending is financed by debt.

Roll Call · Dec 4, 2023

Supreme Court to weigh 2017 tax on overseas earnings

A dispute over a roughly $15,000 tax bill could shape the future of the U.S. tax system in a case set for Supreme Court oral argument Tuesday.

Reason · Nov 17, 2023

Americans Are Still Fleeing High-Tax States

Lower taxes create opportunities that draw even those not consciously considering tax rates.

The Independent UK · Apr 25, 2023

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

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