The Deduction

President Biden recently released his budget proposal for fiscal year 2024. As he has with previous budgets, the president is continuing to call for higher taxes on businesses and wealthy taxpayers. ...

23 Mars 202320min

Affordable housing is an issue that has had long-standing bipartisan interest in D.C. But the path to increase the supply of affordable housing, though often well-intentioned, has created a bureaucrat...

9 Mars 202327min

Filing season is ramping up, as most of us are getting ready to file our state and federal income taxes. But in nearly a third of U.S. states, taxpayers pay some sort of local income tax too. Levied ...

23 Feb 202318min

On Tuesday, President Biden shared his policy aspirations during the State of the Union address. The commander in chief outlined three tax proposals in his remarks: quadrupling the brand-new excise ta...

9 Feb 202318min

Since 2021, 43 states have provided substantial tax relief for taxpayers and businesses. But this year, a new trend has emerged in the opposite direction: a push for states to tax investment. From co...

26 Jan 202324min

It’s a new year. And if one thing is certain, it’s that businesses are facing a lot of uncertainty. Key parts of the Inflation Reduction Act of 2022 are kicking into effect, including the new book mi...

12 Jan 202318min

When it comes to international economic competition, people often frame the argument as the U.S. versus China. But across the Atlantic, nation-states in the European Union have been working hard to s...

20 Dec 202235min

Tax Foundation recently announced that Daniel Bunn is our new president and CEO. In this special episode of The Deduction¸ Daniel chats with Jesse about how he got into tax policy. They discuss his ti...

1 Dec 202226min