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blog
April 1, 2024
Five Things to Know About Tax Foundation’s Critique of Maryland’s Worldwide Combined Reporting Proposal
Maryland lawmakers are considering enacting worldwide combined reporting (WWCR), also known as complete reporting. This policy offers a more accurate, and less gameable, way to… -
blog
April 1, 2024
Biden Is Right: Corporate Tax Avoidance Has Big Problems That We Can Fix
Sensible reforms to the corporate tax system can help both crack down on corporate tax avoidance and ensure companies that are flourishing are paying their share for the public infrastructure that forms the building blocks of their success.
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blog
March 28, 2024
State Rundown 3/28: Tax Cut Madness, But Our Brackets Bet on Tax Fairness
While madness is typically reserved for basketball in March, several high-profile, regressive tax cuts are making their way through state legislatures this week…
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blog
March 28, 2024
Congress Should Enhance – Not Diminish – IRS Capability this Tax Season
While funding cuts to the IRS may have been necessary as a political matter to avoid harmful agency shutdowns, they are severely misguided as a policy matter. By all serious accounts, cuts to IRS funding increase the deficit due to uncollected taxes – mostly from big businesses and the very wealthy.
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blog
March 26, 2024
Our Taxes Can Set Kids Up for Success
Every child deserves the opportunity to succeed in society – and tax policy has a huge role to play in making that happen. Better tax policy can help prepare our young children with skills to become successful and thriving adults.
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blog
March 26, 2024
The Estate Tax Should Help to Level the Playing Field. Instead it’s Letting the Rich Get Richer.
The federal estate tax should ensure that family dynasties who’ve amassed enormous fortunes pay their fair share in taxes. But because policymakers have repeatedly doubled and tripled the immense sums that can be passed on before the tax kicks in, the estate tax today affects almost no one.
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blog
March 20, 2024
State Rundown 3/20: Investments Over Cuts
Over the past week Utah continued its slow march toward a more inequitable tax code…
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blog
March 20, 2024
States Move to Tax the Top in 2024
These forward-thinking states are demonstrating the wide variety of options for policymakers who want to raise more from the wealthiest people, rein in corporate tax avoidance, create fair tax codes and build strong communities.
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blog
March 20, 2024
Eliminating Income Taxes Would Be an Expensive Giveaway
Governors and legislative leaders in a dozen states have made calls to fully eliminate their taxes on personal or corporate income, after many states already deeply slashed them over the past few years. The public deserves to know the true impact of these plans, which would inevitably result in an outsized windfall to states’ richest taxpayers, more power in the hands of wealthy households and corporations, extreme cuts to basic public services, and more deeply inequitable state tax codes.
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blog
March 14, 2024
State Rundown 3/14: Sessions are Heating Up
Many state legislative sessions are in the final stretch…