Tax Foundation

1. Unequal Tax Treatment Is Contributing to Rising Debt Levels for Entrepreneurs

   A recent paper by Mohsen Mohaghegh of Ohio State University discusses two main trends related to U.S. entrepreneurs: the decrease in the number of entrepreneurs and the increase in their borrowing. Entrepreneurs have increased their debt holdings relative to their assets over the past three decades. Greater opportunities for financing new investments, rising business costs, […]

2. From the EU Digital Services Tax Debate—to the OECD?

   The proposal from the European Commission to tax revenues from some digital services at 3 percent has taken on a new form following the lack of agreement among EU member states. The original proposal, introduced in March 2018, had a chance to be adopted or rejected on December 4, 2018, at a meeting of EU […]

3. The Arkansas Tax Task Force Concludes its Work

   The Arkansas Tax Reform and Relief legislative task force concluded its work today after 18 months of study, research, and analysis of the state’s tax code. The task force was charged with modernizing the state’s tax code, improving its competitiveness, and reducing tax burdens. In August, it released its report with 22 recommendations in it. […]

4. Wireless Taxes and Fees Climb Again in 2018

   A typical family with four cell phones paying $100 per month for service can expect to pay about $229 per year in wireless taxes, fees, and surcharges. Nationally, these impositions make up about 19.1 percent of the average customer’s cell phone bill.

5. Updated Proposal for Year-End Tax Bill

   After two weeks of negotiations, House Ways and Means Chairman Kevin Brady (R-TX) has updated his proposal for a year-end tax bill. The updated bill removes the section that extended many tax provisions, as well as a section that would make changes to start-up business costs, and instead replaces it with delays of many health […]