Post-Election Breakdown
The 2022 midterm elections are wrapping up, and taxpayers are looking at a divided Congress for the next two years. Senior Policy Analyst Garrett Watson sits down with Jesse at Tax Foundation's headqu...
17 Nov 202220min
The UK’s Tax Battles, Part One: How We Got Here
If you’ve been following taxes closely these past few months, you know that the UK is currently undergoing a drastic change. This episode of The Deduction is part one in our ongoing coverage of the U...
18 Okt 202235min
The Woes of Temporary Tax Policy
From the Tax Cuts and Jobs Act in 2017 to the Inflation Reduction Act signed into law just this summer, lawmakers across the political spectrum are often tempted to implement temporary tax reforms. B...
29 Sep 202220min
Unpacking the State and Local Tax Toolkit
Maine has blueberry taxes. Alabama has mosquito taxes. Each state and county has its tax quirks. But when state and local governments want to raise revenues, there are four key taxes they turn to. Dep...
15 Sep 202224min
Accounting for the New Book Minimum Tax
The Inflation Reduction Act, signed into law recently by President Biden, includes a book minimum tax, which is raising the eyebrows of accountants everywhere. This new policy–a 15 percent tax applie...
1 Sep 202232min
IRS Funding and Technology
The Internal Revenue Service (IRS) finds itself under fire often. Outdated technology, millions of unanswered calls, and cafeterias full of paper returns--it's clear that America’s tax collector needs...
17 Aug 202235min
House Votes on the Inflation Reduction Act
The House of Representatives is set to pass the Inflation Reduction Act, the latest iteration of President Biden’s tax and climate agenda. The road to get to this final package has been anything but ...
12 Aug 202213min
The Inflation Reduction Act, What to Know
After months of stalled negotiations, Sen. Joe Manchin (D-WV) announced that he has reached a deal with Senate Democrat leadership on a reconciliation package. Called the Inflation Reduction Act, the...
2 Aug 202219min
