Expensing for capital investment is not a special tax break. Expensing aligns the timing of tax deductions with the timing of actual capital expenditures so that the tax code does not discourage ...

In 2018, the Canadian government increased its capital allowances as a response to the temporary bonus depreciationBonus depreciation allows firms to deduct a larger portion of certain “short-lived” ...

As the EU economy continues to recover from the energy price shock caused by Russia’s invasion of Ukraine, renewed tensions in the Middle East are once again constraining oil and gas supplies and ...

Rising federal government debt and deficits mean that policymakers may increasingly turn to the tax code for additional revenue. Tax Foundation’s new resource, Options for Reforming America’s Tax Code ...

Most research to date finds that US importers have borne between 90 and 100 percent of the tariffs. A new paper finds that foreign exporters absorbed 47 percent of the tariff burden, passing on a ...

In a recent piece, The Washington Post editorial board published a misleading statistic: that 37 percent of Social Security benefits go to senior households with incomes over $100,000. This statistic ...

Policymakers and financial markets are increasingly attuned to rising interest rates on US Treasury bonds, since they can send broader signals on the country’s fiscal and economic health. Bond yields ...

Last week, President Trump nominated White House domestic policy aide Dr. Heidi Overton to become the new Commissioner of the Food and Drug Administration (FDA). If confirmed by the Senate, Dr.