Tax Foundation(@TaxFoundation) 's Twitter Profileg
Tax Foundation

@TaxFoundation

The world's leading nonpartisan tax policy 501(c)(3) nonprofit. Learn more about the principles of sound tax policy: https://t.co/5Pg5iwqGvLโ€ฆ

ID:16686673

linkhttps://taxfoundation.org/tax-newsletter calendar_today10-10-2008 18:13:37

53,6K Tweets

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Tax Foundation(@TaxFoundation) 's Twitter Profile Photo

To make sound financial decisions and support better tax policy, taxpayers should understand the taxes they face. Unfortunately, most U.S. taxpayers do not know or are unsure of basic tax concepts.

Read more: hubs.ly/Q02y_cG70 via ๐Ÿ’ก TaxEDU

To make sound financial decisions and support better tax policy, taxpayers should understand the taxes they face. Unfortunately, most U.S. taxpayers do not know or are unsure of basic tax concepts. Read more: hubs.ly/Q02y_cG70 via @TaxEDU_
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Unless Congress acts, Americans are in for a tax hike in 2026.

Find out how the TCJA expiration or extension will affect taxpayers like yourself with our ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ” ๐“๐š๐ฑ ๐‘๐ž๐Ÿ๐จ๐ซ๐ฆ ๐‚๐š๐ฅ๐œ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ: hubs.ly/Q02y_cF60

Unless Congress acts, Americans are in for a tax hike in 2026. Find out how the TCJA expiration or extension will affect taxpayers like yourself with our ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ” ๐“๐š๐ฑ ๐‘๐ž๐Ÿ๐จ๐ซ๐ฆ ๐‚๐š๐ฅ๐œ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ: hubs.ly/Q02y_cF60
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The current patchwork of state laws taxing marketplace facilitators (remote sellers) is complex, burdensome, and inefficient. States should work to resolve these issues and standardize the requirements. hubs.ly/Q02yQp6R0

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Unless Congress acts, the vast majority of Americans will see higher, more complicated taxes beginning in 2026 as major provisions from the Tax Cuts and Jobs Act (TCJA) of 2017 expire.

Read more: hubs.ly/Q02yQB1q0

Unless Congress acts, the vast majority of Americans will see higher, more complicated taxes beginning in 2026 as major provisions from the Tax Cuts and Jobs Act (TCJA) of 2017 expire. Read more: hubs.ly/Q02yQB1q0 #tcja #taxes
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The most competitive tax codes in the OECD:

1. ๐Ÿ‡ช๐Ÿ‡ช Estonia
2. ๐Ÿ‡ฑ๐Ÿ‡ป Latvia
3. ๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand
4. ๐Ÿ‡จ๐Ÿ‡ญ Switzerland
5. ๐Ÿ‡จ๐Ÿ‡ฟ Czech Republic
6. ๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
7. ๐Ÿ‡น๐Ÿ‡ท Turkey
8. ๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
9. ๐Ÿ‡ฑ๐Ÿ‡น Lithuania
10. ๐Ÿ‡ฆ๐Ÿ‡บ Australia

See full rankings: hubs.ly/Q02z3KDN0

The most competitive tax codes in the OECD: 1. ๐Ÿ‡ช๐Ÿ‡ช Estonia 2. ๐Ÿ‡ฑ๐Ÿ‡ป Latvia 3. ๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand 4. ๐Ÿ‡จ๐Ÿ‡ญ Switzerland 5. ๐Ÿ‡จ๐Ÿ‡ฟ Czech Republic 6. ๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg 7. ๐Ÿ‡น๐Ÿ‡ท Turkey 8. ๐Ÿ‡ฎ๐Ÿ‡ฑ Israel 9. ๐Ÿ‡ฑ๐Ÿ‡น Lithuania 10. ๐Ÿ‡ฆ๐Ÿ‡บ Australia See full rankings: hubs.ly/Q02z3KDN0
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Though providing permanent R&D expensing alone would not be a -competition magic bullet, it is a no-brainer place to start. In this technological race, we should first make sure we have not tied our own shoes together.

Read More: hubs.ly/Q02z3Qjp0 Alex Muresianu

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The average wedge for families, defined as a one-earner married couple with two children, was 25.7 percent in 2023, compared to an average tax wedge of 34.8 percent for single workers without children.

The average wedge for families, defined as a one-earner married couple with two children, was 25.7 percent in 2023, compared to an average tax wedge of 34.8 percent for single workers without children.
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State tax revenues are declining from record highs, raising questions about the affordability of recent tax cuts. Is there cause for concern?

The empirical data strongly suggest that the answer is no.

hubs.ly/Q02yQFDK0

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At the end of 2025, the individual tax provisions in the TCJA expire all at once. Without congressional action, most taxpayers will see a notable tax increase relative to current policy in 2026.

Explore the impact by congressional district: hubs.ly/Q02yQp9z0

At the end of 2025, the individual tax provisions in the TCJA expire all at once. Without congressional action, most taxpayers will see a notable tax increase relative to current policy in 2026. Explore the impact by congressional district: hubs.ly/Q02yQp9z0
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Universal savings accounts would boost savings for low-income households, allowing them to better withstand economic shocks, such as pandemics and recessions, and plan for major expenses, such as an expanded family, education, & housing needs.

Read more: hubs.ly/Q02yYvF80

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Our report analyzes difficult, but *revenue-neutral* ways to build a pro-growth set of reform options that would not significantly worsen the deficit or substantially change the distribution of the tax burden across the income scale.

Read more: hubs.ly/Q02yQnKp0

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Where do the 2024 presidential candidates stand on taxes?

Launch our new interactive tracker: hubs.ly/Q02yQsVg0

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Tax Foundation(@TaxFoundation) 's Twitter Profile Photo

To make sound financial decisions and support better tax policy, taxpayers should understand the taxes they face. Unfortunately, most U.S. taxpayers do not know or are unsure of basic tax concepts.

Read more: hubs.ly/Q02yYz6t0 via ๐Ÿ’ก TaxEDU

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The Section 232 tariffs on imports of steel and aluminum raised the cost of production for manufacturers, reducing employment in those industries, raising prices for consumers, and hurting exports.

Read more: hubs.ly/Q02yQphT0 Alex Durante

The Section 232 tariffs on imports of steel and aluminum raised the cost of production for manufacturers, reducing employment in those industries, raising prices for consumers, and hurting exports. Read more: hubs.ly/Q02yQphT0 @alex_durante_
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