Tax Foundation (@TaxFoundation) header
Tax Foundation (@TaxFoundation) profile picture

Leading nonpartisan tax policy research and analysis

Washington, DC
Joined October 2008
Tax policy is all about trade-offs. Our new guide analyzes 86 potential changes to the federal tax code, considering their impact on federal revenue, the long-term debt trajectory, the distribution of after-tax income, and the US economy. Launch our interactive tool: hubs.ly/Q04r06M-0
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Feeling taxed this #Halloween? Caramel and a cookie crunch aren’t the only things that distinguish certain candy bars. Learn more: hubs.ly/Q04CPb6D0 #Halloween2025 #TrickorTreat
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How do taxes in California compare? Get facts about taxes in your state and around the US: hubs.ly/Q04CP9gY0
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Taxes are on the ballot in November. Voters in 17 states will decide for themselves how their states raise revenue. Our new ballot tracker and podcast discussion break down the measures worth watching: hubs.ly/Q04CP4YF0
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Every country’s mix of taxes is different, depending on factors such as its economic situation and policy goals. However, each type of tax impacts the economy differently, with some taxes being more harmful than others. Explore the data: hubs.ly/Q04CP4Y50
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The state with the highest combined corporate income tax rate is New Jersey at 30.1 percent. In Alaska, Illinois, Maine, and Minnesota, corporations face combined corporate income tax rates at or above 28 percent. Explore the data: hubs.ly/Q04CP4R30
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Lawmakers can constrain the growth of property taxes without creating new problems. But the details matter. Read more: hubs.ly/Q04CP3fw0
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How do taxes in your state compare regionally and nationally? Facts and Figures, a resource we’ve provided to US taxpayers and legislators since 1941, serves as a one-stop state tax data resource that compares all 50 states on over 40 measures of tax rates, collections, burdens, and more. Explore the latest data: hubs.ly/Q04CP2NK0
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A recent report by the Government Accountability Office found the federal government loses $116 billion to $304 billion to tax fraud each year, more than many government agencies’ annual budgets. Read more: hubs.ly/Q04CP0R90
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🌎 The most competitive tax codes in the OECD: 1. 🇪🇪 Estonia 2. 🇱🇻 Latvia 3. 🇳🇿 New Zealand 4. 🇨🇭 Switzerland 5. 🇱🇹 Lithuania 6. 🇱🇺 Luxembourg 7. 🇨🇿 Czech Republic 8. 🇦🇺 Australia 9. 🇹🇷 Turkey 10. 🇭🇺 Hungary See full rankings: hubs.ly/Q04CP00J0
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Wealth taxes make states less competitive, increase revenue volatility, discourage investment, and risk accelerating outmigration of talent and capital. Many top-earners are already leaving high-tax states for Florida, North Carolina, and other low-tax jurisdictions. Read more: hubs.ly/Q04Cx0Mr0
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🌎 The most competitive tax codes in the OECD: 1. 🇪🇪 Estonia 2. 🇱🇻 Latvia 3. 🇳🇿 New Zealand 4. 🇨🇭 Switzerland 5. 🇱🇹 Lithuania 6. 🇱🇺 Luxembourg 7. 🇨🇿 Czech Republic 8. 🇦🇺 Australia 9. 🇹🇷 Turkey 10. 🇭🇺 Hungary
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Tax Foundation retweeted
New from @EconoWill and I @TaxFoundation: the government loses hundreds of billions of $ to tax fraud each year. That's a lot! The low estimate is > SNAP funding and the high is > veterans' funding. What would it take to fix it? (1/3)
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Tax Foundation retweeted
New op-ed from @andrew_lautz and me - If we want to ensure that AI fuels future growth, we shouldn’t be pursuing tax policies that are stuck in the past, like proposals to tax tokens or bits. @TaxFoundation @CityJournal
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Hall’s research helped economists understand how taxes distort investment decisions, while his work with Rabushka shows how to minimize those distortions. Although the US remains far from a pure consumption tax, Hall’s work informs efforts to reduce the tax burden on investment, improve neutrality, and promote long-run economic growth. Read more: hubs.ly/Q04Cw-T30
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Cigarette smuggling is costly for states. We estimate that the forgone revenue from smuggled cigarettes totaled more than $4.6 billion in 2024. California lost nearly $1.4 billion in cigarette excise tax collections, and New York missed out on more than $1.2 billion. Read more: hubs.ly/Q04Cw-VW0
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While the government will never close the tax gap or fully eliminate tax fraud, lawmakers and the IRS can institute several reforms to reduce the gap, including simplifying the tax code, increasing third-party information reporting, and coordinating anti-fraud efforts. Read more: hubs.ly/Q04Cw-HV0
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