Tax

Walter Williams, who taught millions of people economics throughout his long career, has died. He was the author of over 150 publications and a syndicated columnist, writing on many topics including tax, and often cited our research. He was a professor of economics at George Mason University, and I attended his microeconomics class nearly 20…

Poland and Estonia have dramatically different tax systems. While Estonia has earned the top rank in our International Tax Competitiveness Index for seven years running, Poland consistently ranks toward the bottom of the Index. This year Poland ranks 34th out of 36 countries. While consumption and property tax policies are key contributors to this low…

My husband has been working from home since the pandemic struck in March. If you ask him about it, he’ll teasingly say he’ll never go…

A bipartisan coalition of U.S. Senators has unveiled a $908 billion COVID-19 relief bill which includes, among other provisions, $160 billion in additional aid to state and local governments. It is worth briefly exploring what this would mean, and the amounts of aid each state might expect. While well short of amounts contemplated in the…

The 116th Congress has few legislative days remaining in the lame duck session to address a relatively long list of priorities, including additional pandemic relief, expiring tax provisions, and economic stimulus. Whether this Congress will accomplish the remaining tasks is highly uncertain, leaving the next Congress and President-elect Joe Biden to likely start the new…

Key Findings Introduction Temporary Tax Policy The Remaining Extenders Expiring Provisions under the Tax Cuts and Jobs Act Pandemic-Related Expirations Conclusion Appendix   Key Findings At the end of 2020, 33 temporary tax provisions are scheduled to expire at the federal level. These provisions generally fall under four categories: cost recovery, energy, individual, and other…

Tomorrow, the US Supreme Court will hear oral arguments in CIC Services v. IRS, a case that threatens to damage the integrity of the tax…