A Debt Ceiling Deal “In Principle” As June 5 Looms
President Joe Biden and Speaker Kevin McCarthy (R-CA) made a debt ceiling deal. Go to Source of this post Author Of this post: Renu Zaretsky
Testimony: The Role of Corporate Taxation in the European Union’s Future Tax Policy Mix
Note: The following is the testimony of Sean Bray, Director of European Policy at the Tax Foundation, prepared for a European Parliament Subcommittee on Tax Matters meeting of experts on May 23, 2023,…
How Stable is Cigarette Tax Revenue?
Cigarette excise taxes have been a source of state revenue for decades, and states have long relied on this revenue. Using data from Orzechowski and Walker’s annual compendium The Tax Burden on…
The U.S. Tax Burden on Labor Remains below the OECD Average
The Biden administration has put forward significant plans for changing tax policy, including changes that would impact workers. While the administration is mainly concerned with increasing the top individual income…
Testimony: Taxes, Spending, and Addressing the U.S. Debt Crisis
Note: The following is the testimony of Scott Hodge, President Emeritus and Senior Policy Advisor at the Tax Foundation, prepared for a Senate Budget Committee hearing on May 17, 2023, titled,…
Biden Open To IRS Cuts To Secure Debt Deal
The Biden administration is reportedly open to scaling back the IRS’s budget increase. Go to Source of this post Author Of this post: Renu Zaretsky
Will A Venue Change Help Seal A Debt Limit Deal?
Debt limit negotiations move to the White House. Go to Source of this post Author Of this post: Renu Zaretsky
Prep for Post-Grad Life With These 5 Financial And Tax Tips
Congratulations, Class of 2023 — you did it! While graduation is a major milestone that should be celebrated, it is also a time to prepare, both mentally and financially, for…
Taxes 101: The Gift Tax
“It’s my money and I’ll do with it what I want.” Nice thought, but not quite true. You needed to account for it when you earned it, and likely paid…
Will Public Sentiment Affect Debt Limit Talks?
Poll: Slim majority wants the debt ceiling raised without spending cuts. Go to Source of this post Author Of this post: Renu Zaretsky