Washington’s New High-Earner Income Tax Sparks Legal Battles, Ballot Measures, and Expansion Proposals
Washington’s newly enacted income tax targeting high earners may not officially take effect until 2028, but it has already ignited…
Tag: recession
Navigating the Labyrinth of U.S. Corporate Income Taxes: Federal and State Rates Collide
When assessing the true financial and operational tax burdens confronting American businesses, looking solely at federal mandates provides only a…
Canada Makes Full Expensing Permanent in Push to Boost Business Investment Competitiveness
In a significant policy announcement released on September 15, Canada’s Minister of Finance and National Revenue, François-Philippe Champagne, revealed that…
Tax Foundation Report Highlights Fiscal and Economic Trade-Offs of Making Temporary ‘No Tax On’ Deductions Permanent
As lawmakers prepare for future fiscal battles over expiring legislation, a comprehensive new policy analysis from the Tax Foundation sheds…
Federal Healthcare Subsidies and Tax Preferences Drive Historic Budget Deficits, Report Finds
The federal government’s long-term financial trajectory is facing severe pressure, driven in large part by a decades-long pattern of growing…
US Capital Investment Surges Above Projections as AI Boom Intersects with New Tax Expensing Rules
Capital investment across the United States is currently surging well above standard economic projections, driven in large part by a…
Evolving Alcohol Markets and the Case for Modernized Excise Taxation Ahead of 2026
As governments across Europe and beyond look toward significant policy adjustments and administrative updates heading into 2026, the underlying framework…
Brussels’ Revised Tobacco Excise Directive Threatens National Sovereignty and Public Health Harm Reduction
The European Union’s push to overhaul its Tobacco Excise Directive (TED) has ignited a fierce debate over the boundaries of…
How Many Gallons Are in a Barrel? It Depends on Where You Stand
How many gallons are in a barrel? While this seems like a straightforward mathematical conversion, the answer is that it…
U.S. Tax Compliance Burden Projected to Top 6.8 Billion Hours and $544 Billion in 2026
Despite legislative changes aimed at reforming the federal tax framework, the sheer magnitude of America’s tax code continues to exact…
