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Tax Foundation

  1. Hearing on H.R. 2887, the No Regulation Without Representation Act Before the U.S. House of Representatives Committee on the Judiciary; Subcommittee on Regulatory Reform, Commercial, and Antitrust Law Chairman Marino, Ranking Member Cicilline, and members of the committee: What you have before you is not a new issue. Since the Founding, Congress and the courts have acted […]
  2. Sales tax holidays have enjoyed political success, but rather than providing a valuable tax cut or a boost to the economy, they impose serious costs on consumers and businesses without providing offsetting benefits.
  3. The federal tax code is remarkably complex. Every year, American households and businesses spend more than 8.9 billion hours complying with federal tax filing rules, at a cost of more than $400 billion to the U.S. economy. Moreover, the federal tax code has generally gotten more complicated with each passing year. In 1975, federal tax […]
  4. On July 10, Hawaii Governor David Ige (D) signed a bill that significantly alters Hawaii’s tax code. The bill, HB 209, has two main provisions. Together, the provisions implement a state-level Earned Income Tax Credit and reinstate top marginal individual income tax rates that had been allowed to expire. While the tax credit is widely […]
  5. Oregon’s new $5.3 billion transportation package includes an interesting wrinkle: a bicycle tax. Although it represents a minuscule share of the new revenues adopted under House Bill 2017, the $15 excise tax undeniably captured the attention of cycling enthusiasts in Oregon and elsewhere. It also inspired others, with a Colorado legislator floating the idea of […]

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