Leading nonpartisan tax policy research and analysis.https://bsky.app/profile/taxfoundation.bsky.socialhttps://bsky.app/profile/taxfoundation.bsky.social/post/3m3pt62bczc2e🎉 The new rankings are in! 🌎 2025 International Tax Competitiveness Index ➡️ taxfoundation.org/competition21 Oct 2025 17:10 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3m3pt62bczc2ehttps://bsky.app/profile/taxfoundation.bsky.social/post/3lp5cgfive22k⚡ Our new analysis of the House Ways & Means "Big Beautiful Bill" tax plan: https://taxfoundation.org/research/all/federal/big-beautiful-bill-house-gop-tax-plan/14 May 2025 15:21 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lp5cgfive22khttps://bsky.app/profile/taxfoundation.bsky.social/post/3llyzahr5o22aThe economic impact of Trump's tariffs by the numbers:04 Apr 2025 18:10 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3llyzahr5o22ahttps://bsky.app/profile/taxfoundation.bsky.social/post/3lluewt5nyk2hTariffs are taxes. Tariffs are regressive taxes. Tariffs are distortionary, regressive taxes. Tariffs are distortionary, regressive taxes that raise prices for US businesses and consumers.02 Apr 2025 21:56 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lluewt5nyk2hhttps://bsky.app/profile/taxfoundation.bsky.social/post/3lluerabuuc2kContrary to the president’s promises, the #tariffs will cause short-term pain and long-term pain, no matter the ways people and businesses change their behavior.02 Apr 2025 21:53 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lluerabuuc2khttps://bsky.app/profile/taxfoundation.bsky.social/post/3llf3imetis2cLawmakers can constrain the runaway growth of property taxes—without creating more issues. But the details matter. https://taxfoundation.org/research/all/state/property-tax-relief-reform-options/27 Mar 2025 19:57 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3llf3imetis2chttps://bsky.app/profile/taxfoundation.bsky.social/post/3lkvlu6lb5k2qTariffs are taxes.21 Mar 2025 16:07 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lkvlu6lb5k2qhttps://bsky.app/profile/taxfoundation.bsky.social/post/3lkqsefau3s2oFrustrated with tipping? "No tax on tips" could make it worse. https://taxfoundation.org/blog/tipping-trump-tax-on-tips/19 Mar 2025 18:20 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lkqsefau3s2ohttps://bsky.app/profile/taxfoundation.bsky.social/post/3lkohtfznes2gOnly three states raise enough revenue to fully cover their highway spending. With most states unable fund their roadways using existing user fees, road funding is in dire need of a better system.18 Mar 2025 20:07 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lkohtfznes2ghttps://bsky.app/profile/taxfoundation.bsky.social/post/3lk4sspoqxs22When the US imposes tariffs on imports, businesses in the United States directly pay import taxes to the US government on their purchases from abroad. https://taxfoundation.org/blog/who-pays-tariffs/11 Mar 2025 19:35 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lk4sspoqxs22https://bsky.app/profile/taxfoundation.bsky.social/post/3lk25xmew522g🗓️ Save the Date! Join us on Thursday, April 10th for our joint conference hosted by the Tax Foundation, University of North Carolina Tax Center, and Massachusetts Institute of Technology Sloan School of Management. Learn more and register: https://taxfoundation.org/event/2025-tax-policy-conference/10 Mar 2025 18:17 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lk25xmew522ghttps://bsky.app/profile/taxfoundation.bsky.social/post/3lhgy432tyc2i2024 Tax Brackets These inflation adjustments are for tax year 2024, for which taxpayers will file tax returns in early 2025: https://taxfoundation.org/data/all/federal/2024-tax-brackets/05 Feb 2025 16:21 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lhgy432tyc2ihttps://bsky.app/profile/taxfoundation.bsky.social/post/3lhezkoxku22lTrump's tariffs on Mexico, Canada, and China would rank as the largest tax increase since 1993 and the 8th largest peacetime tax increase since 1940.04 Feb 2025 21:42 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lhezkoxku22lhttps://bsky.app/profile/taxfoundation.bsky.social/post/3lhezjsjhsk2tTrump's tariffs on Mexico, Canada, and China would shrink GDP by 0.4% and amount to an average tax increase of more than $800 per US household in 2025, according to our latest analysis: https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/04 Feb 2025 21:41 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lhezjsjhsk2thttps://bsky.app/profile/taxfoundation.bsky.social/post/3lgsxneazvc2mTrump often cites President McKinley as an inspiration for his personal affinity for tariffs. But it's worth noting some of McKinley’s final words on tariffs in a 1901 speech: “Isolation is no longer possible or desirable...Commercial trade wars are unprofitable." https://taxfoundation.org/blog/trump-mckinley-tariffs-great-depression/28 Jan 2025 17:19 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lgsxneazvc2mhttps://bsky.app/profile/taxfoundation.bsky.social/post/3lbfqvdv23c2jDifferent taxes have different economic effects, so policymakers should always consider how tax revenue is raised and not just how much is raised. https://taxfoundation.org/data/all/federal/us-tax-revenue-by-tax-type-2024/20 Nov 2024 20:08 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lbfqvdv23c2jhttps://bsky.app/profile/taxfoundation.bsky.social/post/3lbfga6aovk2sThe Tax Foundation is the world's leading nonpartisan tax policy 501(c)(3) nonprofit. Stay informed on the tax policies impacting you: taxfoundation.org/newsletter https://taxfoundation.org/newsletter20 Nov 2024 16:57 +0000at://did:plc:ilxpeczxdqo7cdotwwodzybq/app.bsky.feed.post/3lbfga6aovk2s