Tax Foundation

1. Watch: Economic Recovery After Coronavirus

   So far, the federal government has focused on short-term policies to stem the spread of COVID-19 and provide immediate tax relief to struggling individuals and businesses. Now, policymakers will need to consider long-term, pro-growth, and sustainable tax policies to help ensure a strong economic recovery. This new task raises a host of new questions: What […]

2. California Considers Business Head Tax Plan that Seattle Repealed

   With California’s unemployment rate approaching 25 percent, it is somewhat surprising to find policymakers contemplating a literal tax on jobs.

3. OECD Report: Tax Revenue in African Countries

   The Organisation for Co-operation and Economic Development (OECD) has compiled tax revenue data for countries around the world—including 26 African countries, where tax revenue as a percent of GDP is on average lower than in other regions. On average, this tax-to-GDP ratio for those 26 countries was 17.2 percent, compared to the OECD average of 34.2 […]

4. Legal Sports Betting One Step Closer in Ohio

   This week, the Ohio House of Representatives passed House Bill 194, which would legalize and tax sports betting in the state. The bill now awaits action in the Ohio Senate. If enacted, the bill would legalize brick-and-mortar facilities and online betting while imposing a 10 percent excise tax on adjusted revenue (revenue minus winnings). The […]

5. Complexity of Labor Taxes in Europe

   Governments require businesses to remit various types of taxes—one being labor taxes. Although labor taxes are generally not borne by businesses, they add to the administrative burden of complying with the tax system. Today’s map shows how complex—or easy—it is to remit labor taxes across Europe. One way of measuring the administrative burden of labor […]