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    <title>#1 Tax Blog | Tax Policy Blog | Tax Foundation</title>
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	<title>#1 Tax Blog | Tax Policy Blog | Tax Foundation</title>
	<link>https://taxfoundation.org/blog/</link>
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        <item>
      <title>Four Ways US Bond Markets Affect Tax Revenue</title>
      <link>https://taxfoundation.org/blog/four-ways-us-bond-markets-affect-tax-revenue/</link>
      <dc:creator><![CDATA[Andrew Lautz]]></dc:creator>
      <pubDate>August 28, 2026 19:49:31 +0000</pubDate>
      		<category><![CDATA[Congressional Budget Office (CBO)]]></category>
		<category><![CDATA[Debt and Interest Rates]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=199753</guid>

            <description><![CDATA[Federal government debt is over $32 trillion, around the size of the nation’s annual economic output (its gross domestic product, or GDP). Debt levels this high mean US borrowing costs are sensitive to interest rate changes that may otherwise seem small.]]></description>
      
      
          </item>
        <item>
      <title>Gas Taxes by State, 2026</title>
      <link>https://taxfoundation.org/data/all/state/gas-taxes-state/</link>
      <dc:creator><![CDATA[Adam Hoffer, Jacob Macumber-Rosin]]></dc:creator>
      <pubDate>August 28, 2026 08:55:42 +0000</pubDate>
      		<category><![CDATA[Cap-and-Trade]]></category>
		<category><![CDATA[State Tax Trends]]></category>
		<category><![CDATA[Vehicle Miles Traveled (VMT) Tax]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=all-data&#038;p=191251</guid>

            <description><![CDATA[California levies the highest tax on gasoline at 73.6 cents per gallon (cpg), followed by Illinois at 70.4 cpg and Indiana at 63.1 cpg.]]></description>
      
      
          </item>
        <item>
      <title>Will Trump Accounts Make Saving Easier?</title>
      <link>https://taxfoundation.org/oped/trump-accounts-saving/</link>
      <dc:creator><![CDATA[Daniel Bunn]]></dc:creator>
      <pubDate>August 26, 2026 18:32:56 +0000</pubDate>
      		<category><![CDATA[Cory Booker]]></category>
		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[One Big Beautiful Bill Act (OBBBA)]]></category>
		<category><![CDATA[Op-Ed]]></category>
		<category><![CDATA[Options for Reforming America’s Tax Code]]></category>
		<category><![CDATA[Retirement Savings]]></category>
		<category><![CDATA[Taxing Savers and Investors]]></category>
		<category><![CDATA[U.S. Treasury]]></category>
		<category><![CDATA[Universal Savings Accounts]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=oped&#038;p=199605</guid>

            <description><![CDATA[How we support savings in the US is too complex, and Trump Accounts worsen the problem. If lawmakers truly want to increase savings for taxpayers from day one, they should look to the UK and Canada, which have done it successfully for many years.]]></description>
      
      
          </item>
        <item>
      <title>New Food and Drug Administration Commissioner Should Reform the Center for Tobacco Products</title>
      <link>https://taxfoundation.org/blog/fda-tobacco-regulation-reform/</link>
      <dc:creator><![CDATA[Adam Hoffer, Jacob Macumber-Rosin]]></dc:creator>
      <pubDate>August 26, 2026 16:46:56 +0000</pubDate>
      		<category><![CDATA[Donald Trump]]></category>
		<category><![CDATA[E-Cigarette and Vaping Taxes]]></category>
		<category><![CDATA[Health Care]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=199592</guid>

            <description><![CDATA[In 2025, the CTP reduced the backlog of premarket tobacco product applications (PMTAs) by about 70 percent. This year, the CTP is already accelerating PMTA reviews further and allowing some leeway for products under review but not yet officially authorized. This is great progress, but much more can be made.]]></description>
      
      
          </item>
        <item>
      <title>Estate, Inheritance, and Gift Taxes in Europe, 2026</title>
      <link>https://taxfoundation.org/data/all/eu/estate-taxes-inheritance-taxes-gift-taxes-europe/</link>
      <dc:creator><![CDATA[Cristina Enache]]></dc:creator>
      <pubDate>August 24, 2026 08:55:11 +0000</pubDate>
            <guid isPermaLink="false">https://taxfoundation.org/?post_type=all-data&#038;p=186013</guid>

            <description><![CDATA[Twenty-four out of the 35 European countries covered in this map currently levy estate, inheritance, or gift taxes.]]></description>
      
      
          </item>
        <item>
      <title>Diving into the Differences Between Tax Transparency Regimes</title>
      <link>https://taxfoundation.org/blog/tax-transparency-oecd/</link>
      <dc:creator><![CDATA[Ayat Ashraf]]></dc:creator>
      <pubDate>August 21, 2026 16:52:29 +0000</pubDate>
      		<category><![CDATA[Base Erosion and Profit Shifting (BEPS)]]></category>
		<category><![CDATA[EU Tax Proposals]]></category>
		<category><![CDATA[Making Sense of Profit Shifting]]></category>
		<category><![CDATA[OECD]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=199548</guid>

            <description><![CDATA[The new public country-by-country reporting regimes adopted by the EU and Australia, and changes from the Financial Accounting Standards Board for financial accounts, are meant to promote transparency by multinational enterprises but have ubiquitous structural differences.]]></description>
      
      
          </item>
        <item>
      <title>How Poland’s Restrictive Tax Treatment of Losses Penalizes Risk-Taking and Business Expansion</title>
      <link>https://taxfoundation.org/research/all/eu/poland-business-tax-treatment/</link>
      <dc:creator><![CDATA[Anna Leszczyłowska, Alex Mengden]]></dc:creator>
      <pubDate>August 20, 2026 08:55:09 +0000</pubDate>
      		<category><![CDATA[Capital Investment]]></category>
		<category><![CDATA[Net Operating Losses (NOLs)]]></category>
		<category><![CDATA[Research and Development (R&D)]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=all-research&#038;p=199430</guid>

            <description><![CDATA[Poland has one of the most restrictive approaches to the tax treatment of losses in the OECD. Loss carryover provisions allow businesses to deduct their losses in one year against taxable income in another, smoothing their taxable income over time. Their absence or restriction leads to firms with more variable profits and losses over time being taxed at higher rates, penalizing risky investment, such as research and development (R&#038;D), and business expansion.]]></description>
      
      
          </item>
        <item>
      <title>The Options Guide Shows a Better Way to Fund Social Security</title>
      <link>https://taxfoundation.org/blog/fund-social-security-tax-options/</link>
      <dc:creator><![CDATA[Guy Cardwell, Alex Durante]]></dc:creator>
      <pubDate>August 19, 2026 20:40:32 +0000</pubDate>
      		<category><![CDATA[Debt and Interest Rates]]></category>
		<category><![CDATA[Health Care]]></category>
		<category><![CDATA[Options for Reforming America’s Tax Code]]></category>
		<category><![CDATA[Social Security]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=199465</guid>

            <description><![CDATA[While uncapping the payroll tax and raising individual income tax rates are often the go-to reform options for policymakers, base broadeners like ESI and other fringe benefits are much better alternatives. They can raise significant revenue, while improving the neutrality of the tax code and preventing the need for increases in statutory tax rates.]]></description>
      
      
          </item>
        <item>
      <title>Tax Rate vs. Tax Base</title>
      <link>https://taxfoundation.org/taxedu/videos/tax-rate-vs-tax-base/</link>
      <dc:creator><![CDATA[]]></dc:creator>
      <pubDate>August 18, 2026 16:18:09 +0000</pubDate>
            <guid isPermaLink="false">https://taxfoundation.org/?post_type=videos&#038;p=199415</guid>

            <description><![CDATA[When thinking about taxes, we often consider the tax rate—or what percentage of something is taxed. But there is another factor in considering taxes: the tax base.]]></description>
      
      
          </item>
        <item>
      <title>Vehicle Miles Traveled Taxes Need Not Invade Drivers’ Privacy</title>
      <link>https://taxfoundation.org/blog/vehicle-miles-traveled-tax-vmt-privacy/</link>
      <dc:creator><![CDATA[Jacob Macumber-Rosin, Adam Hoffer]]></dc:creator>
      <pubDate>August 14, 2026 19:30:40 +0000</pubDate>
      		<category><![CDATA[Revenue Stability]]></category>
		<category><![CDATA[Ron DeSantis]]></category>
		<category><![CDATA[State and Local Budgets and Spending]]></category>
		<category><![CDATA[Vehicle Miles Traveled (VMT) Tax]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=199385</guid>

            <description><![CDATA[Privacy concerns are a primary driver of opposition to vehicle miles traveled (VMT) tax systems, but VMT taxes do not need to invade drivers’ privacy to efficiently fund the roads. ]]></description>
      
      
          </item>
        <item>
      <title>Maryland Court Strikes Down Digital Ad Tax</title>
      <link>https://taxfoundation.org/blog/maryland-digital-ad-tax/</link>
      <dc:creator><![CDATA[Jared Walczak]]></dc:creator>
      <pubDate>August 14, 2026 17:42:24 +0000</pubDate>
      		<category><![CDATA[Digital Taxation]]></category>
		<category><![CDATA[State Tax Trends]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=199325</guid>

            <description><![CDATA[The Maryland Tax Court has struck down the state’s digital advertising tax and ordered that refunds be paid to taxpayers for five and a half years’ worth of collections under the unconstitutional tax. ]]></description>
      
      
          </item>
        <item>
      <title>Good Tax Reform Starts with Good Process</title>
      <link>https://taxfoundation.org/blog/dominican-republic-tax-reform/</link>
      <dc:creator><![CDATA[Daniel Witt]]></dc:creator>
      <pubDate>August 14, 2026 15:56:43 +0000</pubDate>
      		<category><![CDATA[Foreign Direct Investment (FDI)]]></category>
		<category><![CDATA[OECD]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=199228</guid>

            <description><![CDATA[In June, the Dominican Republic rushed through a package of tax legislation in seven days. International examples demonstrate that consultation, transparency, and clarity are key factors for successful tax reform.]]></description>
      
      
          </item>
        <item>
      <title>Electric Vehicle Tax Treatment by State, 2026</title>
      <link>https://taxfoundation.org/data/all/state/electric-vehicle-ev-taxes/</link>
      <dc:creator><![CDATA[Jacob Macumber-Rosin, Cole Kellison, Violet Lamptey, Adam Hoffer]]></dc:creator>
      <pubDate>August 14, 2026 08:55:49 +0000</pubDate>
      		<category><![CDATA[State Tax Trends]]></category>
		<category><![CDATA[Vehicle Miles Traveled (VMT) Tax]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=all-data&#038;p=190998</guid>

            <description><![CDATA[As the market share of electric vehicles (EVs) on the road grows, the gas tax’s ability to fund road projects and decrease traffic congestion erodes. Both federal and state real tax revenue per vehicle mile traveled has been on a steady decline for decades, creating a fiscal gap for road expenditures even as the demand for road infrastructure improvements has grown.]]></description>
      
      
          </item>
        <item>
      <title>New Congressional Data Center Tax Proposals Threaten US AI Investment</title>
      <link>https://taxfoundation.org/blog/congressional-data-center-tax-proposals-us-ai-investment/</link>
      <dc:creator><![CDATA[Andrew Lautz, Richard DiSalvo, Garrett Watson]]></dc:creator>
      <pubDate>August 13, 2026 21:01:29 +0000</pubDate>
      		<category><![CDATA[100 Percent Bonus Depreciation (Full Expensing)]]></category>
		<category><![CDATA[Artificial Intelligence (AI)]]></category>
		<category><![CDATA[Internal Revenue Service (IRS)]]></category>
		<category><![CDATA[Research and Development (R&D)]]></category>
		<category><![CDATA[Taxes and Growth (TAG) Model Overview & Methodology]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=199235</guid>

            <description><![CDATA[US policymakers have put forward two new tax proposals to address concerns about how artificial intelligence (AI) will impact land, energy, and the workforce.]]></description>
      
      
          </item>
        <item>
      <title>From Temporary to Permanent Full Expensing: Strengthening Canada’s Investment Climate</title>
      <link>https://taxfoundation.org/blog/permanent-full-expensing-canada-economy/</link>
      <dc:creator><![CDATA[Cristina Enache]]></dc:creator>
      <pubDate>August 13, 2026 15:45:40 +0000</pubDate>
      		<category><![CDATA[100 Percent Bonus Depreciation (Full Expensing)]]></category>
		<category><![CDATA[Capital Investment]]></category>
		<category><![CDATA[Neutral Cost Recovery]]></category>
		<category><![CDATA[OECD]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=191313</guid>

            <description><![CDATA[If Canada doesn’t make these provisions permanent, it will drop to 12th place in the capital cost recovery ranking once provisions expire in 2034.]]></description>
      
      
          </item>
        <item>
      <title>How Tax Cliffs Hold Back Poland&#8217;s Individual Business Owners</title>
      <link>https://taxfoundation.org/research/all/eu/poland-vat-threshold-small-business-taxes/</link>
      <dc:creator><![CDATA[Anna Leszczyłowska, Alex Mengden]]></dc:creator>
      <pubDate>August 13, 2026 08:55:49 +0000</pubDate>
      		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Flat Taxes]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=all-research&#038;p=199161</guid>

            <description><![CDATA[Poland taxes its individual business owners through alternative regimes and a series of thresholds, several of them sharp notches that imply significant tax costs for businesses crossing them.]]></description>
      
      
          </item>
        <item>
      <title>Constitutional Flaws of California’s Proposed Wealth Tax</title>
      <link>https://taxfoundation.org/research/all/state/california-proposition-40-wealth-tax-constitutional-legal-issues/</link>
      <dc:creator><![CDATA[Jared Walczak]]></dc:creator>
      <pubDate>August 12, 2026 08:55:22 +0000</pubDate>
      		<category><![CDATA[Ballot Initiatives]]></category>
		<category><![CDATA[Millionaires and High Income Earners]]></category>
		<category><![CDATA[Wealth Tax]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=all-research&#038;p=199144</guid>

            <description><![CDATA[The California Billionaire Tax Act (Proposition 40), which imposes a one-time 5 percent tax on billionaires’ net worth, is vulnerable to numerous constitutional challenges, any of which could invalidate the tax in whole or in part.]]></description>
      
      
          </item>
        <item>
      <title>The Five Most Pro-Growth Options in the Options Guide</title>
      <link>https://taxfoundation.org/blog/five-most-pro-growth-tax-options-in-the-options-guide/</link>
      <dc:creator><![CDATA[Guy Cardwell, Erica York]]></dc:creator>
      <pubDate>August 11, 2026 20:54:10 +0000</pubDate>
      		<category><![CDATA[100 Percent Bonus Depreciation (Full Expensing)]]></category>
		<category><![CDATA[Capital Investment]]></category>
		<category><![CDATA[Destination-Based Cash-Flow Tax (DBCFT)]]></category>
		<category><![CDATA[Housing Affordability]]></category>
		<category><![CDATA[Neutral Cost Recovery]]></category>
		<category><![CDATA[One Big Beautiful Bill Act (OBBBA)]]></category>
		<category><![CDATA[Options for Reforming America’s Tax Code]]></category>
		<category><![CDATA[Pass-Through Businesses]]></category>
		<category><![CDATA[Tax Cuts and Jobs Act (TCJA)]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=199196</guid>

            <description><![CDATA[Some taxes have more powerful economic effects than others, and that’s a lesson policymakers should absorb as they work to craft a tax code that encourages growth and raises sustainable revenue.]]></description>
      
      
          </item>
        <item>
      <title>Why Wealth Taxes Always Fail</title>
      <link>https://taxfoundation.org/oped/wealth-tax-government-revenue/</link>
      <dc:creator><![CDATA[Cristina Enache]]></dc:creator>
      <pubDate>August 5, 2026 15:12:10 +0000</pubDate>
      		<category><![CDATA[Ballot Initiatives]]></category>
		<category><![CDATA[EU Tax Proposals]]></category>
		<category><![CDATA[Migration]]></category>
		<category><![CDATA[Millionaires and High Income Earners]]></category>
		<category><![CDATA[OECD]]></category>
		<category><![CDATA[Op-Ed]]></category>
		<category><![CDATA[Revenue Stability]]></category>
		<category><![CDATA[State Tax Trends]]></category>
		<category><![CDATA[Wealth Tax]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=oped&#038;p=199202</guid>

            <description><![CDATA[Though they are often framed as affecting only the richest households, the economic effects of wealth taxes extend much further by reducing capital formation, discouraging entrepreneurship, curtailing wage and employment growth, and ultimately weakening the overall economy. ]]></description>
      
      
          </item>
        <item>
      <title>Wealth Taxes in Europe, 2026</title>
      <link>https://taxfoundation.org/data/all/eu/wealth-taxes-europe/</link>
      <dc:creator><![CDATA[Cristina Enache]]></dc:creator>
      <pubDate>August 4, 2026 19:30:25 +0000</pubDate>
      		<category><![CDATA[OECD]]></category>
		<category><![CDATA[Wealth Tax]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=all-data&#038;p=183818</guid>

            <description><![CDATA[Wealth taxes not only collect little revenue and create legal uncertainty, but an OECD report argues that they can also disincentivize entrepreneurship, harming innovation and long-term growth.]]></description>
      
      
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