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tax wedge US tax burden on labor payroll tax burden an average wage worker with no children tax burden

The U.S. Tax Burden on Labor, 2022

Although the U.S. has a progressive tax system and a relatively low tax burden compared to the OECD average, average-wage workers still pay nearly 30 percent of their wages in taxes.

4 min read
Carbon Taxes and the Future of Tax Reform, See more on green tax and climate change tax reform proposals

Carbon Taxes and the Future of Green Tax Reform

Our new analysis reviews the basic structure of carbon taxes, how they compare to the existing set of climate policies, and how they could fit into various pro-growth tax reform packages.

26 min read
Biden corporate minimum tax global tax deal international tax corporate tax corporate global minimum tax proposal

4 Things to Know About the Global Tax Debate

The Biden administration has been supportive of the negotiations, but the changes should be reviewed in the context of recent policy changes in the U.S. and elsewhere, the general landscape of business taxation in the U.S., and potential challenges and risks arising from the global tax deal.

3 min read
US multinationals are large employers and investors in the US See FDI us employment impact

Why FDI Matters for U.S. Employment, Wages, and Productivity

Contrary to the Biden administration’s claims, raising taxes on cross-border investment would hurt U.S. economic growth and jobs. Research shows that FDI creates jobs in the U.S. and raises workers’ wages and productivity.

5 min read
Carbon taxes in Europe 2022 carbon tax rates in Europe EU carbon tax

Carbon Taxes in Europe, 2022

In recent years, several countries have taken measures to reduce carbon emissions, including instituting environmental regulations, emissions trading systems, and carbon taxes. In 1990, Finland was the world’s first country to introduce a carbon tax.

3 min read

The Legacy of Harvard Economist Dale Jorgenson

Dr. Jorgenson’s work has been instrumental in convincing many in the tax policy community to take seriously the need to factor in the economic effects of taxation on capital formation, productivity, wages, and employment in forecasting the welfare and federal budget consequences of changes in tax policy.

4 min read
Compare state gross receipts taxes by state, Delaware gross receipts tax Nevada gross receipts tax, Ohio gross receipts tax, Oregon gross receipts tax, Tennessee gross receipts tax, Texas gross receipts tax, and Washington gross receipts tax, which states have a gross receipts tax

Gross Receipts Taxes by State, 2022

Eliminating state gross receipts taxes would be a pro-growth change to make the tax code better for businesses and consumers. How does your state compare?

4 min read
Wisconsin income tax reform proposals competition

Wisconsin Losing Ground to Tax-Friendly Peers

While Wisconsin has long been one of the highest-tax states in the nation, that distinction is increasingly detrimental as businesses and individuals enjoy increased economic and geographic mobility.

6 min read
Cigarette taxes in the EU cigarette tax rates EU tobacco Europe taxes

Cigarette Taxes in Europe, 2022

Ireland and France levy the highest excise duties on cigarettes in the EU, at €8.85 ($10.47) and €6.88 ($8.13) per 20-cigarette pack, respectively.

3 min read
Kansas tax cuts what about kansas tax experiment (kansas experiment about brownback tax cuts)

Two Dozen States Show Why the Kansas Critique of Income Tax Cuts Is Mistaken

The Kansas experience is so infamous that “what about Kansas?” is almost guaranteed to be a question—sometimes as a retort, but often a genuine expression of concern—any time any state explores tax relief. But what about the other two dozen states that have cut their income taxes since then?

6 min read
section 179 expensing state tax conformity section 168 Oklahoma State Capital Building

Oklahoma Should Prioritize Pro-Growth Relief, Not Gimmicky Rebate Checks

If Sooner State policymakers want to use a portion of their higher revenues to make the economy work better for all Oklahomans, they should consider repealing the franchise tax, trimming the income tax, or both—paired, if desired, with targeted aid to those in the greatest need—not writing a single round of gimmicky checks.

5 min read