Tax Foundation

The Tax Foundation opposed ACESA and issued a study on the costs of cap and trade legislation. Wayne Gable, a former Managing Director of Federal Affairs at Koch Industries, served as president of the Tax Foundation from 1989-1991. He is now on the board of the Institute For Energy Research. The Tax Foundation has received funding from ExxonMobil.

http://taxfoundation.org/article/green-jobs-myth-behind-cap-and-trade

WILL BE BAK

===

mma 8 24

News outlets reported that Vice President Kamala Harris proposed raising the corporate tax rate to 28% if she wins the presidency this November, partially rolling back the Trump-era tax cuts that slashed corporate taxes.

Even though corporate tax revenue plummeted in response to the Trump tax cuts, and American corporations are undertaxed relative to other developed economies in the OECD, conservative media began assailing Harris’ policy with false claims of immediate and “massive layoffs” and higher inflation.

As the Center on Budget and Policy Priorities has explained, Trump’s 2017 tax cut was skewed to the richest Americans, and the corporate tax cut even moreso, with the bottom 90% of workers gaining nothing from the corporate tax rate cut, while corporate executives earning nearly $1 million a year got an average $50,000 earnings boost. A leading reason that Trump's corporate tax changes benefited the wealthy was the imposition of a flat tax of 21% to replace what had been a graduated rate system, ranging from 15% to 35%.

And thanks to Trump’s tax cuts, even as corporate profits went up during most of his presidency, corporate tax revenue dropped until the pandemic and the years after. Corporate tax revenue as a share of the economy remains near historic lows at under 2% of gross domestic product, and it’s also near historic lows as a share of federal tax revenue. :{

Meanwhile, the Organisation for Economic Co-operations and Development (OECD) average showed corporate tax revenue in 2020 at just over 15% of total tax revenue, and 3% of GDP, showing that U.S. corporations have a very light tax burden in comparison. In 2023, the Institute of Taxation and Economic Policy estimated that raising the corporate tax rate to 28% would raise more than $1.3 trillion in revenue over 10 years.

Yet conservative media reacted to Harris’ proposal with hyperbolic doom and gloom. Citing an analysis from the Tax Foundation, Fox News personalities claimed that raising the corporate tax rate would lead to “massive layoffs” “right off the bat.” Yet the Tax Foundation’s analysis projected a loss of only 128,000 “full-time equivalent jobs” by 2034. This is a drop in the bucket of the millions of jobs projected to be created over the course of a decade. Other conservatives claimed that raising the corporate tax rate would be inflationary; in reality, tax increases are broadly considered deflationary.

Fox Business’ Jackie DeAngelis falsely claimed that if Harris “raises the corporate tax rate to 28%, almost 150,000 people right off the bat are going to lose their jobs.” DeAngelis added: “Ultimately the corporations aren't these big, bad evil entities.” Fox News, *Fox & Friends*, [8/20/24]

Fox & Friends co-host Lawrence Jones claimed that “you’re gonna have massive layoffs” if Harris raises the corporate tax rate to 28%. Co-host Brian Kilmeade defended the Trump-era rate, saying, “Corporations have people in it,” and claiming that it would make the U.S. uncompetitive with European countries with lower corporate tax rates. Fox News, *Fox & Friends*, [8/20/24]

Fox Business host Charles Payne: Harris wants to “go to war with corporate America.” Payne then proclaimed Harris will “make the lives of workers harsher,” adding that “there will be fewer jobs.” Fox News, *The Faulkner Focus*, [8/20/24]

* Wash. Times columnist and Trump campaign staffer Tim Murtaugh: “She wants to tax job creators at a higher rate than Chinese communists do.” Murtaugh added: “Who do you think will pay for the tax increase? Do you suppose maybe it’s passed on to consumers like always? Harris is dangerous.” Twitter/X, [8/20/24]

Fox contributor Jason Chaffetz: “Do you think a 30% increase in the corporate tax rate will increase the cost of your life? Yes, it will. Everything will cost more. That’s VP Harris’ plan. Believe her.” Twitter/X, [8/20/24]

Right-wing commentator Bill Mitchell: Raising the corporate tax rate is inflationary. Mitchell posted that “corporations will pass costs onto consumers.” Twitter/X, [8/20/24]

### Fox goes to bat for supermarket price gouging as VP Harris prepares to call out corporate greed

08/15/24

### Fox Business host struggles to attack Tim Walz’s economic record as governor

08/09/24

### Economists blame the Fed for jobs report missing expectations. Trump sycophants instead blamed Kamala Harris.

08/02/24

===

JUDD POP INFO YMAIL 7 24

n an interview with Bloomberg Businessweek published earlier this month, Trump said that, if he wins a second term, he would push to slash the corporate tax rate:

I brought the taxes down from 39% to 21%. What’s not to love? I then said, I’d like to round it off to 20 for simplicity reasons, I mean, it is, you know, believe it or not, it sort of makes sense and it’s still a lot of money.

But I would like to get it down to 15 [%], if we could, because that would put us in the absolute lowest in terms of incentive.

Trump correctly stated that he signed legislation in 2017 sharply reducing the corporate tax rate in his first term. The top rate was 35%, not 39% as Trump claimed, but it was still a very large cut. The reduction cost over $1.3 trillion over 10 years. According to the Congressional Research Service, corporations used the windfall mostly for "a record-breaking amount of stock buybacks, with $1 trillion announced by the end of 2018." Stock buybacks are a way of increasing stock prices by reducing supply, which in turn benefits wealthy investors and executives with stock options.

Previously, Trump has been cagey about his plans for the corporate tax rate in a potential second term. Last September, when asked in an interview if it was true he’d cut the corporate tax rate to 15%, Trump responded: “I’d like to lower them a little bit if we could.”

In January, the Trump campaign put out word that he was not interested in cutting the corporate tax rate further. Trump's spokesman, Jason Miller, said Trump's priority was preserving the 2017 cuts and then securing additional tax cuts for the working class. “In my most recent conversations with the president, he said that he really wants to focus more on small businesses than corporations,” Stephen Moore, an economic advisor to Trump, told the Washington Post. “I think he’s fine with the corporate rate where it is. He wants to keep intact the tax cut we did in 2017.”

The campaign's eagerness to shift attention away from corporate tax cuts is understandable; corporate tax cuts are very unpopular. Research shows that just 14% of Americans want to lower corporate taxes. In contrast, 65% of Americans say they are in favor of raising the corporate tax rate. The policy is even unpopular among Republicans — only 23% support lowering the corporate tax rate.

Nevertheless, Trump has confirmed he will push for a 15% corporate tax rate in a second term. Let's look at the impact of such a policy.

A 15% tax rate would mean a multi-billion dollar windfall to the nation's largest and most profitable companies

An analysis by the Center for American Progress (CAP) Action Fund, a progressive non-profit organization, found that reducing the corporate tax rate from 21% to 15% would "[g]ive the largest 100 U.S. companies (the Fortune 100) a total estimated annual tax cut of $48 billion." These companies collectively "reported $1.1 trillion in profits in their last annual report." To put the scope of the tax cut in perspective, the $48 billion cost is "larger than the entire FY 2024 U.S. Department of Education K-12 budget."

The benefits to some individual corporations are stunning. Microsoft, Alphabet (Google), Apple, JP Morgan Chase, Amazon, and Berkshire Hathaway would all reduce their tax bill by $2 billion or more annually.

The annual benefit to the 10 companies that would benefit most exceeds $23 billion. This is more than double the combined annual budget of two critical federal agencies, the National Cancer Institute and the National Center on Aging.

The five largest oil and gas companies — Exxon Mobil, Chevron, Marathon-ConocoPhilips, Phillips 66, and Valero Energy — generated over $93 billion in profits last year. Those companies would get a combined $2.5 billion windfall under Trump's proposal.

The CAP Action Fund analysis was performed by looking at the "federal income tax expense" listed on publicly filed documents. This isn't the exact same as federal taxes paid, but it provides a reasonable proxy. Corporations do not release their annual tax returns.

The Tax Foundation, a non-profit group focusing on tax policy found an even larger cost using a slightly different methodology. The non-partisan group found that lowering the corporate tax rate to 15% would "reduce federal revenue by $673 billion from 2025 to 2034."

===

https://rationalwiki.org/wiki/Tax_Foundation

Tax Foundation is a non-partisan wingnut (un)think tank which publishes slanted economic papers about politically charged issues to push a libertarian perspective. The Foundation was founded by and for corporate interests by its own admission,^[2] and advocates theories about the legality of taxation,^[3] and other neoconservative talking points. Another major think tank that studies taxes, the Center on Budget and Policy Priorities (CBPP) heavily critized one of their reports, claiming that its “[f]igures do not represent typical households’ tax burdens” and that "The Tax Foundation report calculates the average tax rate by measuring tax revenues as a share of the economy, but in a country with progressive tax system like that of the United States, only upper-income households pay federal tax at rates that are equal to or above federal revenues as a share of the economy."

As a result, 80% of the American households paid a smaller share of their income in federal taxes in 2013 (the year of the report) than the Tax Foundation’s average tax rate.^[4] The Tax Foundation was also criticized by Forbes in contributor Peter J Reilly during the 2016 US presidential campaign. According to Reilly, their model was more of a counterfactual than a forecast of what would happen if Bernie Sanders was elected on that year and implemented his health care program. Reilly also criticized the TF for not incorporate much from the new field of behavioral economics on their study. Reilly made clear however that he “really like what the Tax Foundation does, but he tend not to like too much what some people do with what the Tax Foundation does.”^[5]

The Tax Foundation is heavily bankrolled by the Koch Brothers, who donated $545,000 through the Claude R. Lambe Foundation,^[6] a Koch owned "charity"^[7] which also funded similar (un)think tanks such as the Heritage Foundation, Cato Institute, and Americans for Prosperity before it was dismantled in 2013.^[8][9]Not to be left out, the Charles G. Koch Foundation managed to cough up another $182,100 to support the Foundation's economic research.^[10] The Charles Koch Institute shamelessly lists the Tax Foundation as a "partner organization", along with other (un)think tanks.^[11]

Other upstanding citizens who contribute to the Tax Foundation include ExxonMobile,^[12] PepsiCo,^[13] General Electric,^[14] Hewlett-Packard,^[15] and General Motors.^[16] The Tax Foundation receives 40% of its funding from corporate sponsors, and an additional 42% from "philanthropic foundations" like the Koch groups above, providing obedient cranks with job security. ^[17]

From its website:

“”We believe that we have an obligation to respect your philanthropic intent as a donor and that we are strictly accountable to you. To that end, we pledge always to respect your philanthropic intent. To ensure our supporters can remain confident in our commitment to promoting sound tax policy as an independent organization: our Board of Directors has amended our By-laws to ensure the Tax Foundation remains true to its purpose.^[18]

So much for non-partisan.

External links[

The Tax Foundation

References[

Categories:

Mr. David P. Lewis (Chairman)

Managing Director

PwC/CEO Action for Racial Equity [ white-est dude ever]

Mr. James W. Lintott (Treasurer)

Chairman

Sterling Foundation Management, LLC

The Honorable Bill Archer (Emeritus)

Former Chairman, Committee on Ways & Means

U.S. House of Representatives

The Honorable Philip English

Co-Chair, Government Relations Group

Arent Fox LLP

Mr. Dennis Groth

Owner and Founder

Groth Vineyards and Winery, Oakland, CA

Dr. DouglasHoltz-Eakin

President, American Action Forum

Sixth Director of the CBO

Mr. Stephen Kranz

Partner

McDermott Will & Emery

Ms. Sarah McGill

Senior Vice President, Tax

PepsiCo, Inc.

Ms. Pamela Olson

Consultant, Tax Policy Services

PwC US

Mr. Tom Roesser

Tax Policy Counsel

Microsoft Corporation

Scott Hodge

President

Tax Foundation

state and fed and

Tax Foundation’s Center for Global Tax Policy produces timely and high-quality data, research, and analysis on taxation in countries around the world that influences the debate toward economically principled policies.

We produce the annual *International Tax Competitiveness Index*, a survey of corporate tax rates around the world, and several other comparative reports that allow taxpayers, journalists, and policymakers to compare their tax policies with those in other countries.

The mission of the global program is to promote tax and fiscal policy that leads to higher economic growth and improved quality of life for taxpayers throughout the world.

BBB

major Provisions of the Updated House Build Back Better Act

The updated draft legislation would include the following major changes, effective January 1, 2022, unless otherwise noted:

Individual Income Taxes

Create a new surcharge on modified adjusted gross income (MAGI), defined as adjusted gross income less investment interest expense, equal to 5 percent on MAGI in excess of $10 million plus 3 percent on MAGI above $25 million.
Extend the American Rescue Plan Act (ARPA) Child Tax Credit (CTC) expansion through 2022, and make the entire CTC fully refundable on a permanent basis
Extend the ARPA’s temporary expansion of the Earned Income Tax Credit (EITC) eligibility, phase-in rates, and amount through 2022
Limit Individual Retirement Accounts (IRAs) contributions when balances reach $10 million and accelerate required minimum distributions for those accounts
Raise the cap on the state and local tax (SALT) deduction from $10,000 to $80,000 and extend this cap through 2030. The $80,000 SALT cap amount would also apply to the 2021 tax year. For 2031, the SALT deduction cap would be set at $10,000.

Pass-through Business Taxes

Expand the base of the 3.8 percent Net Investment Income Tax (NIIT) to apply to active business income for pass-through firms
Make permanent the active pass-through loss limitation enacted in the 2017 Tax Cuts and Jobs Act (TCJA)

Corporate and International Taxes

Impose a 15 percent minimum tax on corporate book income for corporations with profits over $1 billion, effective for tax years beginning after December 31, 2022
Create a 1 percent excise tax on the value of stock repurchases during the taxable year, net of new issuances of stock, effective for repurchases after December 31, 2021. Excluded from the tax are stock contributed to retirement accounts, pensions, and employee-stock ownership plans (ESOPs).
Change the Global Intangible Low-Taxed Income (GILTI) regime, effective for tax years beginning after December 31, 2022, including:

- Reduce the deduction for GILTI to5 percent, resulting in a tax rate of 15 percent
- Calculate GILTI on a country-by-country basis
- Reduce the deduction for Qualified Business Asset Investment (QBAI) to 5 percent
- Reduce the foreign tax credit (FTC) haircut to 5 percent and allow FTCs to be carried forward for 5 to 10 years and disallow FTC carrybacks
- Exempt GILTI from expense allocation rules
- Include foreign oil and gas extraction income (FOGEI)
Reduce the deduction for Foreign-Derived Intangible Income (FDII) to 21.875 percent, resulting in a tax rate of 15.8 percent, effective for tax years beginning after December 31, 2022
Create a new limitation on interest expense deductions for certain multinational corporations, effective for tax years beginning after December 31, 2022
Modify the base erosion and anti-abuse tax (BEAT) for multinational corporations
Create a new limitation on foreign company base sales and services income

Other Modeled Tax Proposals

Delay the requirement to amortize research and development (R&D) expenses over five years, instead of taking immediate deductions, to begin after 2025 instead of after 2021
Modify, extend, and create a variety of tax credits for green energy and other efforts primarily through 2031 or 2033
Reinstate the Superfund tax on crude oil and imported petroleum at 16.4 cents per gallon (indexed to inflation), and double the reinstated Superfund tax on the sale of chemicals
Levy a federal excise tax on nicotine specified at $50.33 per 1,810 milligrams of nicotine.

Significant Proposals Not Modeled

Extend or make permanent certain ARPA expansions of premium tax credits, including allowing higher-income households to qualify for the credits and boosting the subsidy for lower-income households
Make tax changes targeted at cryptocurrency, including imposing rules related to common control and wash sales...

wiki 3 22

https://en.wikipedia.org/wiki/Tax_Foundation

Tax Foundation is a Washington, D.C.-based think tank, founded in 1937 by a group of prominent businessmen in order to "monitor the tax and spending policies of government agencies".^[1][2][3] The Tax Foundation collects data and publishes research studies on U.S. tax policies at both the federal and state levels. Its stated mission is to "improve lives through tax policy research and education that leads to greater economic growth and opportunity."^[3] The Tax Foundation is generally critical of tax increases and high taxation, and is thereby considered fiscally conservative.^[4][5][6]

The Tax Foundation is organized as a 501(c)(3) tax-exempt non-profit educational and research organization, with three primary areas of research: The Center for Federal Tax Policy,^[7] The Center for State Tax Policy,^[8] and The Center for Legal Reform.^[9] The group is known for its annual reports such as Facts & Figures: How Does Your State Compare,^[10] which was first produced in 1941,^[11] and its "Tax Freedom Day" brochures,^[12] which it has produced since the early 1970s.

History[

The Tax Foundation was organized on December 5, 1937, in New York City by Alfred P. Sloan Jr., Chairman of the General Motors Corporation; Donaldson Brown, GM Financial Vice President; William S. Farish, President of Standard Oil Company of New Jersey (Exxon); and Lewis H. Brown, President of Johns-Manville Corporation, who later became the first chairman of the board of The Tax Foundation.^[1] The stated goal of the organization was "to monitor the tax and spending policies of government agencies".^[2] Its offices were located at 50 Rockefeller Plaza and later 30 Rockefeller Plaza.

The Tax Foundation's first project was a successful effort to stop a tax increase in Westchester County, New York, where they provided research and analysis (including an "Expenditure Survey" of state spending) to local activists.^[2] By 1943, the Tax Foundation had helped set up taxpayers associations and expenditure councils in 35 states.^[2]

During World War II, Tax Foundation research emphasized restraining government spending domestically to finance wartime expenditures. In 1948, the Tax Foundation opened an office in Washington, D.C., and in 1978 relocated there completely.^[2] Its research and analysis has historically emphasized publicizing federal and state financial information, arguing against the use of tax systems for "social engineering," and urging "broad bases and low rates" tax reform.^[2]

Beginning in 1990, the Tax Foundation "operate[d] as a separate unit" of Citizens for a Sound Economy.^[13] By July 1991, it was again operating as an independent 501(c)(3) organization.^[14]

Beginning in 2009, the Tax Foundation's offices were located in the National Press Building in Washington, D.C.^[15] In 2015, the organization moved to its current location on G Street.^[16]

Goals and principles:{:(style="margin-right:0.25em"):}:[edit:{]}:

The Tax Foundation states that its research is guided by what it calls the principles of sound tax policy: simplicity, transparency, neutrality, and stability.^[17]

Tax Foundation research is generally critical of tax increases,^{[4][5][6][18]} high business taxes,^[19] excise taxes,^[20] tax preferences for the housing industry,^[21] and use of tax credits (which the Foundation views as "picking winners and losers").^[22][23] The Foundation has spoken favorably of efforts to balance the federal budget with tax reform and significant spending cuts, such as the Bowles-Simpson plan,^[24] the Ryan Plan,^[25] and the Wyden-Coats plan.^[26]

Organizational overview[

Ideology[

The Tax Foundation describes itself as an "independent tax policy research organization".^[3] They are cited in the media as a nonpartisan or bipartisan organization,^{[27][28][29][30][31][32][33][34]} and are also described as business-friendly, conservative, and center-right.^{[35][36][37][38]}

Board of directors:{:(style="margin-right:0.25em"):}:[edit:{]}:

As of 2019, the organization's board of directors consists of David P. Lewis (Chairman), James W. Lintott (Treasurer), Philip English, Dennis Groth, Douglas Holtz-Eakin, Stephen Kranz, Sarah McGill, David Nicholson, Pamela F. Olson, Tom Roesser, and Scott Hodge (Tax Foundation President).^[39]

Finances:{:(style="margin-right:0.25em"):}:[edit:{]}:

The Tax Foundation accepts grants from foundations, corporations, and individuals. It does not solicit or accept funds from government sources.^[40] The Tax Foundation has earned a 3 out of 4 star financial rating and 4 out of 4 star accountability and transparency rating from Charity Navigator.^[41]

Year	Revenues	Expenses
2017^[42]	$5,115,594	$4,548,092
2016^[43]	$4,274,002	$4,178,093
2015^[44]	$3,557,681	$3,722,271
2014^[45]	$3,675,132	$2,971,778
2013^[46]	$2,953,060	$2,469,668
2012^[47]	$2,192,620	$1,900,821
2011^[48]	$1,885,201	$1,768,828
2010^[48]	$1,854,135	$1,925,936

Activities:{:(style="margin-right:0.25em"):}:[edit:{]}:

The Tax Foundation publishes several major studies, including Options for Reforming America’s Tax Code, which details the economic and revenue impact of over 80 potential changes to the U.S. tax code.^[49]

The group uses its Taxes and Growth (TAG) macroeconomic model to simulate the effects of tax policies and produce conventional and dynamic estimates of potential changes in revenue, GDP, wages, employment, and the distribution of the federal tax burden.^[50] The TAG model is a "neoclassical, comparative-statics economic model coupled with a tax return simulator".^[51] The economic model estimates supply of labor and cost of capital based on marginal tax rates calculated by the tax return simulator.^[51]

Since 2014, the TAG model has been used to analyze legislative and campaign tax proposals, including the Tax Reform Act of 2014 proposed by Dave Camp,^[52] plans put forth during the 2016 presidential campaigns,^[53][54] the House GOP's 2016 Tax Reform Blueprint,^[55] and the Tax Cuts and Jobs Act.^[56][57]

Since 2013, the Tax Foundation has offered guidance to same-sex married couples filing income taxes at the state level, where local laws recognizing same-sex marriage can vary considerably.^[58][59]

Every year, the Tax Foundation calculates and announces Tax Freedom Days in the United States. These studies have been criticized by the Center on Budget and Policy Priorities (CBPP), a progressive think tank, and in turn the Tax Foundation has responded to or criticized CBPP reports.^{[60][61][62][63]} However, the two groups have worked together on analysis of the marriage penalty in the US federal income tax.^[64]

Reception[

In a column for The New York Times blog The Upshot, Josh Barro, a former Tax Foundation employee, criticized the group's approach to scoring the Rubio-Lee tax plan as producing "implausibly rosy results."^[65] The Tax Foundation published a response to these criticisms, stating that their model results were "in line with analysis done by other mainstream economists for similar tax changes".^[66]

In opinion editorials for the New York Times, economist Paul Krugman has characterized the Tax Foundation as "not a reliable source" while criticizing a report by the Tax Foundation comparing corporate tax rates in the United States to those in other countries.^[67] Krugman has also accused the Tax Foundation of "deliberate fraud" in connection with a report it issued concerning the American Jobs Act.^[68] The Tax Foundation has published various responses to Krugman's criticisms.^[69][70]

References:{:(style="margin-right:0.25em"):}:[edit:{]}:

^ :{Jump up to::(style="user-select:none;top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^a ^b(https://en.wikipedia.org/wiki/Tax_Foundation#cite_ref-Celebrating_Our_65th_Year_1-1) "Celebrating Our 65th Year". Tax Foundation. September 1, 2002. Retrieved February 15, 2017.
^ :{Jump up to::(style="user-select:none;top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^a ^b(https://en.wikipedia.org/wiki/Tax_Foundation#cite_ref-fiftyyears_2-1) ^c(https://en.wikipedia.org/wiki/Tax_Foundation#cite_ref-fiftyyears_2-2) ^d(https://en.wikipedia.org/wiki/Tax_Foundation#cite_ref-fiftyyears_2-3) ^e(https://en.wikipedia.org/wiki/Tax_Foundation#cite_ref-fiftyyears_2-4) ^f(https://en.wikipedia.org/wiki/Tax_Foundation#cite_ref-fiftyyears_2-5) "Tax Foundation 1937–1987: The First Fifty Years" (PDF). Tax Foundation. December 5, 1987. Retrieved February 15, 2017.
^ :{Jump up to::(style="user-select:none;top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^a ^b(https://en.wikipedia.org/wiki/Tax_Foundation#cite_ref-tf-about_3-1) ^c(https://en.wikipedia.org/wiki/Tax_Foundation#cite_ref-tf-about_3-2) "Who We Are". Tax Foundation. Retrieved February 20, 2019.
^ :{Jump up to::(style="user-select:none;top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^a ^b(https://en.wikipedia.org/wiki/Tax_Foundation#cite_ref-Taxfoundation.org_4-1) "Portland Business Journal, Tax Foundation Criticizes State Tax Hikes". Taxfoundation.org. July 9, 2009. Archived from the original on November 3, 2011. Retrieved April 5, 2012.
^ :{Jump up to::(style="user-select:none;top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^a ^b(https://en.wikipedia.org/wiki/Tax_Foundation#cite_ref-Henchman_5-1) Henchman, Joseph (December 29, 2008). "State Budgets: Maryland Tax Increases Can't Keep Up With Spending Increases". Tax Foundation. Retrieved February 15, 2017.
^ :{Jump up to::(style="user-select:none;top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^a ^b(https://en.wikipedia.org/wiki/Tax_Foundation#cite_ref-Carroll_6-1) Carroll, Robert (July 29, 2009). "The Economic Cost of High Tax Rates". Tax Foundation. Retrieved February 15, 2017.
^ "Center for Federal Tax Policy". Tax Foundation. Retrieved February 15, 2017.
^ "Center for State Tax Policy". Tax Foundation. Retrieved February 15, 2017.
^ "Center for Legal Reform". Tax Foundation. Retrieved February 15, 2017.
^ "Facts & Figures Handbook: How Does Your State Compare?". Tax Foundation. February 15, 2012. Retrieved February 15, 2017.
^ "Tax Facts & Figures, First Edition". Tax Foundation. January 1941. Retrieved February 15, 2017.
^ "Tax Freedom Day". Tax Foundation. Retrieved February 15, 2017.
^ "Tax Features" (PDF). Tax Foundation. January 1990. Retrieved February 15, 2017.
^ "Tax Features" (PDF). Tax Foundation. July 1991. Retrieved February 15, 2017.
^ "Tax Foundation, Contact Us". Taxfoundation.org. Retrieved April 5, 2012.
^ "Office Warming Reception". Tax Foundation. taxfoundation.org. February 4, 2015. Archived from the original on February 5, 2015. Retrieved October 27, 2017.
^ "Principles of Sound Tax Policy". Tax Foundation. August 20, 2007. Retrieved February 15, 2017.
^ Henchman, Joseph; Mountjoy, Jack (July 9, 2009). "The Dam Bursts in the Beaver State: Oregon's Wave of Tax Increases and New Spending". Tax Foundation. Retrieved February 15, 2017.
^ "Business Taxes". Tax Foundation. Retrieved February 15, 2017.
^ "Excise Taxes". Tax Foundation. Retrieved February 15, 2017.
^ Prante, Gerald (December 3, 2007). "Giuliani Wrong on Mortgage Interest Deduction". Tax Foundation. Retrieved February 15, 2017.
^ Henchman, Joseph (July 11, 2009). "Louisiana Tax Credits: Politicians Picking Winners and Losers". Tax Foundation. Retrieved February 15, 2017.
^ Henchman, Joseph (May 5, 2009). "Tax Foundation, Remarks to the Shaftesbury Society Luncheon". Tax Foundation. Retrieved February 15, 2017.
^ "Draft from President's Deficit Commission Stirs the Fiscal Pot in Washington". Tax Foundation. November 10, 2010. Retrieved February 15, 2017.
^ Hodge, Scott (April 5, 2011). "Ryan Plan Smartly Marries Tax Reform with Spending Reform". Tax Foundation. Retrieved February 15, 2017.
^ Hodge, Scott (April 8, 2011). "Wyden-Coats Tax Reform Plan Adds to Debate But Needs Fixing". Tax Foundation. Retrieved February 15, 2017.
^ "Donald Trump's new tax plan could have a big winner: Donald Trump's companies". Washington Post. Retrieved September 15, 2016.
^ "Why Americans are giving up citizenship in record numbers". Washington Post. Retrieved September 15, 2016.
^ Rosen, Jan M. (December 5, 1988). "Tax Watch; Hidden Ways To Gain Revenue". The New York Times. ISSN 0362-4331. Retrieved September 15, 2016.
^ Akst, Daniel (February 4, 2001). "ON THE CONTRARY; How New Campaign Laws Would Help the Economy". The New York Times. ISSN 0362-4331. Retrieved September 15, 2016.
^ O'shea, James (February 26, 2010). "Looking to Taxes as Solution to a Crisis". The New York Times. ISSN 0362-4331. Retrieved September 15, 2016.
^ Roberts, Sam (July 20, 2014). "Wealthier New Yorkers Aren't Fleeing the City for Tax Havens, a Study Says". The New York Times. ISSN 0362-4331. Retrieved September 15, 2016.
^ Sumerlin, Marc; Williams, Noah (March 4, 2016). "The Partisan Tax Policy Center". Wall Street Journal. ISSN 0099-9660. Retrieved September 15, 2016.
^ White, Gillian B. (September 15, 2016). "Trump's Latest Economic Plan: New Promises, Same Old Problems". The Atlantic. Retrieved September 15, 2016.
^ "Trump's tax pitch". POLITICO. Retrieved September 15, 2016.
^ Barro, Josh (October 29, 2015). "Fact-Checking Republicans on Tax Plans". New York Times. Retrieved September 15, 2016.
^ Sloan, Allan (August 17, 2016). "The whopping $1.2 trillion omission in Trump's tax reform plan". Washington Post. Retrieved September 15, 2016.
^ "Biden tax hikes would undercut his 'Made in America' plan, economists warn". October 19, 2020.
^ "Meet Our Board". Tax Foundation. Retrieved February 20, 2019.
^ "Financials". Tax Foundation. Retrieved February 15, 2017.
^ "Charity Navigator Rating – Tax Foundation". Retrieved April 9, 2015.
^ "Form 990 Return of Organization Exemption From Income Tax" (PDF). taxfoundation.org. September 26, 2018. Retrieved February 20, 2019.
^ "Form 990 Return of Organization Exemption From Income Tax" (PDF). taxfoundation.org. August 11, 2017. Retrieved February 20, 2019.
^ "Form 990 Return of Organization Exemption From Income Tax" (PDF). taxfoundation.org. August 3, 2016. Retrieved February 15, 2017.
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^ :{Jump up to::(style="user-select:none;top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^a ^b(https://en.wikipedia.org/wiki/Tax_Foundation#cite_ref-2011form990_48-1) "2011 Form 990, Tax Foundation" (PDF). Foundation Center. Retrieved April 9, 2015.
^ Options for Reforming America's Tax Code (Report). Tax Foundation. June 6, 2016. Retrieved February 20, 2019.
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Tax Foundation

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major Provisions of the Updated House Build Back Better Act

Individual Income Taxes

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Corporate and International Taxes

Other Modeled Tax Proposals

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