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@taxfoundation

America's leading tax policy resource, informing smarter tax policy at the federal, state, and global levels for 80+ years. Updates:

Washington, DC
Joined October 2008
Born 5 December 1937

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  1. Pinned Tweet

    ANALYSIS: The Trump administration has so far imposed about $70 billion worth of new taxes on Americans by levying on thousands of products:

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  2. Unequal tax treatment is contributing to rising debt levels for entrepreneurs:

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  3. With so many countries having adopted and then abandoned a , the U.S. should avoid adopting one in the first place.

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  4. Repealing the SALT deduction cap would also almost exclusively provide tax relief to the top 20% of income earners, the largest tax cut going to the top 1% of earners - analysis

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  5. Retweeted
    Aug 5

    Digital Taxes in Europe! Great map and article from Unilateral proposed across several EU member states risk undermining the multilateral approach at

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  6. In some states, pass-through businesses face marginal tax rates over 40 percent:

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  7. Kamala Harris’s rent relief tax credit would actually distort the housing market, predominately benefit landlords, and fail to address the root causes of high housing prices:

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  8. By taxing the same economic activity multiple times, gross receipts taxes: ➡ Reduce investment ➡ Increase consumer costs ➡ Disproportionately impact industries with long supply chains and narrow margins, like tech and manufacturing Report:

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  9. More business income is reported on individual tax returns than corporate returns:

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  10. Like with all tax expenditures, those offered to small businesses are not all created equal. reviews the tax expenditures small business rely on most.

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  11. Retweeted
    19 hours ago

    In my latest , I review the tax expenditures small businesses take in the federal tax code:

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  12. What tax expenditures do small businesses take in the federal tax code? reviews the data:

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  13. How high are tax collections in your state? *Highest* tax collections per capita: DC ($10,841) NY ($8,957) CT ($7,220) NJ ($6,709) ND ($6,630) *Lowest* tax collections per capita: AL ($3,206) TN ($3,322) SC ($3,435) OK ($3,458) FL ($3,478) See more:

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  14. France’s digital services tax: facts and analysis: The newly approved digital services tax will likely harm innovative firms, not only abroad, but also within France.

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  15. The potential for easy administration, significant tax revenue, and few economic distortions make the Value-Added Tax (VAT) one of the most efficient forms of taxation:

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  16. With so many countries having adopted and then abandoned a , the U.S. should avoid adopting one in the first place:

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  17. Tariffs raise prices and reduce economic growth:

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  18. California, Pennsylvania, and Illinois have the highest gas taxes in the country:

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  19. Lawmakers should learn from tax complexity in and the U.S. 👇 In the U.S., it takes ~ 175 hours for medium-sized firms to file their taxes each year. In Brazil, it takes ~ 2,000 hours, which contributes to its anemic economic growth:

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  21. The historical evidence on is clear: They raise prices and reduce available quantities of goods and services for U.S. businesses and consumers, which results in lower income, reduced employment, and lower economic output:

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