Tax Foundation — Tax Policy

Tax Foundation — Tax Policy

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Research and explainers on tax policy impacting personal and family wealth.

Beyond Filing: Why Taxes Matter More Than You Think
NewsMar 9, 2026

Beyond Filing: Why Taxes Matter More Than You Think

TaxEDU is launching a free webinar to kick off Financial Literacy Month, focusing on tax filing, refunds, and the broader impact of taxes on personal finances. The session will also break down recent changes introduced by the One Big Beautiful Bill Act (OBBBA). Zoe...

By Tax Foundation — Tax Policy
Side-by-Side Implementation Is a Good Start, but It’s Just the Beginning
NewsMar 5, 2026

Side-by-Side Implementation Is a Good Start, but It’s Just the Beginning

EU member states are beginning to enact the G7 side‑by‑side agreement that places the United States’ tax carve‑out on equal footing with the OECD global minimum tax framework. The move translates a political commitment into national legislation, offering the first...

By Tax Foundation — Tax Policy
Ohio Expensing Conformity Will Boost Innovation and Competitiveness
NewsMar 4, 2026

Ohio Expensing Conformity Will Boost Innovation and Competitiveness

Ohio’s Senate Bill 9, pending Governor DeWine’s signature, will update the state’s static conformity date to align with federal tax changes enacted after March 7, 2025, including the One Big Beautiful Bill Act’s restoration of immediate first‑year expensing for research and experimentation (R&E) under Section 174. Because...

By Tax Foundation — Tax Policy
2025 European Tax Policy Scorecard
NewsMar 3, 2026

2025 European Tax Policy Scorecard

The Tax Foundation released its 2025 European Tax Policy Scorecard, ranking EU and select non‑EU European economies on tax competitiveness and neutrality. Estonia tops the list thanks to a 22% corporate tax on distributed profits, a flat 22% personal income...

By Tax Foundation — Tax Policy
US Taxpayers to See a Nearly $2,300 Average Tax Cut in 2026 Under the Big Beautiful Bill
NewsFeb 24, 2026

US Taxpayers to See a Nearly $2,300 Average Tax Cut in 2026 Under the Big Beautiful Bill

The One Big Beautiful Bill Act (OBBBA), enacted in July 2025, makes the individual‑tax provisions of the 2017 Tax Cuts and Jobs Act permanent and adds new deductions for tipped and overtime income, an expanded child tax credit, and lasting...

By Tax Foundation — Tax Policy
Tax Treatment of the Pass-Through Business Sector: A Primer
NewsFeb 24, 2026

Tax Treatment of the Pass-Through Business Sector: A Primer

The U.S. pass‑through business sector—partnerships, S corporations and sole proprietorships—now employs most private‑sector workers and accounts for roughly half of business income. Its growth stems from long‑standing tax advantages, especially the Section 199A deduction that lowers effective rates compared with C...

By Tax Foundation — Tax Policy