taxfoundation.org

Jan 22, 2025 | taxfoundation.org | Kyle Hulehan

This week, the incoming Trump administration issued a day-one executive order on the global minimum taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. agreement known as Pillar Two, which seeks to ensure multinational corporations pay at least 15 percent in income tax.

Jan 22, 2025 | taxfoundation.org

Experts are tracking the economic impact of the Trump trade war, including the initial Trump tariffs and proposed Trump tariffs. See more.

Jan 21, 2025 | taxfoundation.org | Adam J. Hoffer |Milly Higgs

Growing pressure for fiscal reforms in Mexico, paired with global health organizations pushing countries to refine their excise taxes, resulted in a new proposal that would overhaul the way Mexico taxes alcohol. The new system—a modernized Special TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities.

Jan 14, 2025 | taxfoundation.org | Erica York |Alex Durante |Garrett Watson |William McBride |William Mcbride

Note: “The Sustainability of U.S. Debt and Potential Reforms: Fiscal Rules, Spending and Taxes, and a Fiscal Commission,” which has been published in final form in Public Budgeting & Finance at https://doi.org/10.1111/pbaf.12381. This article may be used for non-commercial purposes in accordance with the Wiley Self-Archiving Policy (http://www.wileyauthors.com/self-archiving).

Jan 7, 2025 | taxfoundation.org

Where are Americans moving to? The latest commerical moving data finds that Americans are moving to low-tax states from high-tax states.