Tax Policy
Out-Competing China Starts With The Tax Code
Tariffs are almost always the main issue connecting the tax reform debate with strategic competition with China. However, some provisions of the 2017 Tax Cuts and Jobs Act (TCJA) should...
PODCAST: Trump’s Second-Term Blueprint (w/ Daniel McCarthy)
As President-elect Donald Trump moves to build his second administration, will he follow the Reaganite path of smaller government and lower taxes, or will he instead break from traditional Republican...
Should You Opt Out of the Advance Child Tax Credit?
The third Child Tax Credit advance payment is slated to arrive on Wednesday, September 15. The last day to reliably un-enroll from that payment was on Monday, August 30; while...
High Taxes Don’t Always Mean High-Quality Government Services
As my Cato colleague Chris Edwards documented here a couple weeks ago, interstate migration data from the U.S. Census Bureau indicate that state tax policy affects where Americans, especially wealthy ones, are choosing...
Phil Scott: Why Vermont’s Republican Governor Might Be One of the Best
The top grade in Cato’s governors report this year went to Republican Chris Sununu of New Hampshire. He is a solid fiscal conservative and was just re‐elected by a 65 to 33 percent margin,...
Why Do the Rich Get Away With Ultra-Low Tax Bills?
People tend to have one of two reactions to the revelation that President Donald Trump has paid little to no taxes in recent years: He’s either an amoral tax cheat...
The Wealthy Want To Raise Taxes on the Non-Wealthy
Ryan Bourne and I examined the economics and politics of wealth inequality in this 2019 study. We considered whether the wealthy tilt our political system in a conservative direction, which many liberals worry...
New Hampshire: No Income Tax, No Sales Tax (And Lots Of People Moving In)
New Hampshire has one of the most restrained governments in the nation. The state’s relatively small government is unique in the Northeast. Less government means more freedom for New Hampshire...
A Middle-Class Tax Cut: Is Trump Really Serious?
President Trump has alluded to plans for a middle-class tax cut. It is far from a sure thing and has very little specificity right now. It may just be a campaign ploy,...