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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>
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        <item>
      <title>How Much Does the US Government Lose to Tax Fraud?</title>
      <link>https://taxfoundation.org/blog/how-much-does-the-us-government-lose-to-tax-fraud/</link>
      <dc:creator><![CDATA[William McBride, Andrew Lautz]]></dc:creator>
      <pubDate>October 27, 2026 18:07:56 +0000</pubDate>
      		<category><![CDATA[Child Tax Credit (CTC)]]></category>
		<category><![CDATA[Distributed Profits Tax (DPT)]]></category>
		<category><![CDATA[Earned Income Tax Credit (EITC)]]></category>
		<category><![CDATA[Internal Revenue Service (IRS)]]></category>
		<category><![CDATA[Tax Gap]]></category>
		<category><![CDATA[U.S. Treasury]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=200965</guid>

            <description><![CDATA[While the government will never close the tax gap or fully eliminate tax fraud, lawmakers and the IRS can institute several reforms to reduce the gap, including simplifying the tax code, increasing third-party information reporting, and coordinating anti-fraud efforts. ]]></description>
      
      
          </item>
        <item>
      <title>2027 Tax Foundation Europe Gala</title>
      <link>https://taxfoundation.org/event/2027-tax-foundation-europe-gala/</link>
      <dc:creator><![CDATA[]]></dc:creator>
      <pubDate>October 27, 2026 15:01:05 +0000</pubDate>
            <guid isPermaLink="false">https://taxfoundation.org/?post_type=event&#038;p=200961</guid>

            <description><![CDATA[Join us on Monday 27 September 2027 for Tax Foundation Europe’s second annual Gala. Hear from leading experts, network over dinner, and celebrate the pan-European tax policy community. ]]></description>
      
      
          </item>
        <item>
      <title>2027 Tax Foundation Europe Conference</title>
      <link>https://taxfoundation.org/event/2027-tax-foundation-europe-conference/</link>
      <dc:creator><![CDATA[]]></dc:creator>
      <pubDate>October 27, 2026 14:55:14 +0000</pubDate>
            <guid isPermaLink="false">https://taxfoundation.org/?post_type=event&#038;p=200959</guid>

            <description><![CDATA[Join us for Tax Foundation Europe’s 2027 Conference, where we will bring together leaders from the international tax community to discuss major tax topics, hear from top academics on new research, and more.]]></description>
      
      
          </item>
        <item>
      <title>Could an Employer Compensation Tax Save Social Security?</title>
      <link>https://taxfoundation.org/blog/could-an-employer-compensation-tax-save-social-security/</link>
      <dc:creator><![CDATA[Alex Durante]]></dc:creator>
      <pubDate>October 26, 2026 21:12:37 +0000</pubDate>
      		<category><![CDATA[Federal Budget and Spending]]></category>
		<category><![CDATA[Medicare]]></category>
		<category><![CDATA[Options for Reforming America’s Tax Code]]></category>
		<category><![CDATA[Social Security]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=200946</guid>

            <description><![CDATA[With Social Security insolvency rapidly approaching and policymakers exploring changes to benefits and taxation, Congress could look to base-broadening reforms like the ECT as a guide for how to think about taxing compensation and broadening the tax base.]]></description>
      
      
          </item>
        <item>
      <title>Cigarette Taxes and Cigarette Smuggling by State, 2024</title>
      <link>https://taxfoundation.org/data/all/state/cigarette-taxes-smuggling-state/</link>
      <dc:creator><![CDATA[Adam Hoffer, Jacob Macumber-Rosin]]></dc:creator>
      <pubDate>October 26, 2026 18:37:47 +0000</pubDate>
      		<category><![CDATA[E-Cigarette and Vaping Taxes]]></category>
		<category><![CDATA[Revenue Stability]]></category>
		<category><![CDATA[Sources of Government Revenue]]></category>
		<category><![CDATA[State and Local Tax Collections]]></category>
		<category><![CDATA[State Tax Trends]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=all-data&#038;p=200914</guid>

            <description><![CDATA[Cigarette smuggling is costly for states. We estimate that the forgone revenue from smuggled cigarettes totaled more than $4.6 billion in 2024. California lost nearly $1.4 billion in cigarette excise tax collections, and New York missed out on more than $1.2 billion.]]></description>
      
      
          </item>
        <item>
      <title>Spain’s Tax Competitiveness Has Declined Since 2018</title>
      <link>https://taxfoundation.org/blog/spain-tax-competitiveness/</link>
      <dc:creator><![CDATA[Cristina Enache]]></dc:creator>
      <pubDate>October 26, 2026 14:56:36 +0000</pubDate>
      		<category><![CDATA[Digital Taxes]]></category>
		<category><![CDATA[Financial Transaction Tax (FTT)]]></category>
		<category><![CDATA[Inflation-Indexing]]></category>
		<category><![CDATA[Marginal Income Tax Rates]]></category>
		<category><![CDATA[Millionaires and High Income Earners]]></category>
		<category><![CDATA[OECD]]></category>
		<category><![CDATA[Patent Box]]></category>
		<category><![CDATA[Research and Development (R&D)]]></category>
		<category><![CDATA[Taxing Savers and Investors]]></category>
		<category><![CDATA[Wealth Taxes]]></category>
		<category><![CDATA[Windfall Profits Taxes]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=200862</guid>

            <description><![CDATA[Under Spain’s current Social Democratic government, the country has fallen from 27th to 35th (out of 38 OECD countries) in the International Tax Competitiveness Index.]]></description>
      
      
          </item>
        <item>
      <title>What Is Taxable Income? How It’s Calculated for Tax Filing</title>
      <link>https://taxfoundation.org/taxedu/videos/taxable-income-explained/</link>
      <dc:creator><![CDATA[]]></dc:creator>
      <pubDate>October 23, 2026 17:42:21 +0000</pubDate>
      		<category><![CDATA[Tax Filing]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=videos&#038;p=200833</guid>

            <description><![CDATA[Want to know how much you'll owe during tax filing season? Then you need to know your taxable income.]]></description>
      
      
          </item>
        <item>
      <title>In Wyoming, Are Two Homestead Exemptions Enough?</title>
      <link>https://taxfoundation.org/blog/wyoming-proposition-1-homestead-exemption-property-tax/</link>
      <dc:creator><![CDATA[Jared Walczak]]></dc:creator>
      <pubDate>October 22, 2026 20:56:47 +0000</pubDate>
      		<category><![CDATA[Ballot Initiatives]]></category>
		<category><![CDATA[State and Local Budgets and Spending]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=200843</guid>

            <description><![CDATA[No one enjoys paying taxes, but the property tax serves an important purpose, and Wyoming has already implemented significant property tax relief. Proposition 1 would undercut local finances to a degree that would likely force reliance on worse taxes (local or state) and prompt spending cuts that reduce homeowners’ property values.]]></description>
      
      
          </item>
        <item>
      <title>Options to Reform the Tax Treatment of Exempt Hospitals</title>
      <link>https://taxfoundation.org/blog/options-to-reform-the-tax-treatment-of-exempt-hospitals/</link>
      <dc:creator><![CDATA[Garrett Watson, Andrew Lautz]]></dc:creator>
      <pubDate>October 22, 2026 16:58:35 +0000</pubDate>
      		<category><![CDATA[100 Percent Bonus Depreciation (Full Expensing)]]></category>
		<category><![CDATA[Charitable Deduction]]></category>
		<category><![CDATA[Internal Revenue Service (IRS)]]></category>
		<category><![CDATA[Medicare]]></category>
		<category><![CDATA[Nonprofit Organizations]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=200822</guid>

            <description><![CDATA[Nearly half of all hospitals are exempt from paying US corporate income taxes. As healthcare spending rises, lawmakers have questioned whether hospitals are providing as much in community benefits as they derive from tax exemptions.]]></description>
      
      
          </item>
        <item>
      <title>Expensing Concentrates the Corporate Tax Burden on Economic Profits</title>
      <link>https://taxfoundation.org/blog/expensing-concentrates-the-corporate-tax-burden-on-economic-profits/</link>
      <dc:creator><![CDATA[Erica York]]></dc:creator>
      <pubDate>October 21, 2026 17:29:37 +0000</pubDate>
      		<category><![CDATA[100 Percent Bonus Depreciation (Full Expensing)]]></category>
		<category><![CDATA[Artificial Intelligence (AI)]]></category>
		<category><![CDATA[Capital Investment]]></category>
		<category><![CDATA[One Big Beautiful Bill Act (OBBBA)]]></category>
		<category><![CDATA[Research and Development (R&D)]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=200802</guid>

            <description><![CDATA[As scrutiny over data center investment and AI rises, some commentators are concerned about how expensing interacts with these ongoing investments. Most of these concerns misunderstand what expensing does.]]></description>
      
      
          </item>
        <item>
      <title>2026 Economics Nobel Laureate Robert Hall Helped Lay Foundation for Pro-Growth Tax Reform</title>
      <link>https://taxfoundation.org/blog/2026-economics-nobel-laureate-robert-hall-helped-lay-foundation-for-pro-growth-tax-reform/</link>
      <dc:creator><![CDATA[Garrett Watson]]></dc:creator>
      <pubDate>October 21, 2026 17:01:07 +0000</pubDate>
      		<category><![CDATA[100 Percent Bonus Depreciation (Full Expensing)]]></category>
		<category><![CDATA[Destination-Based Cash-Flow Tax (DBCFT)]]></category>
		<category><![CDATA[Flat Taxes]]></category>
		<category><![CDATA[Research and Development (R&D)]]></category>
		<category><![CDATA[Tax Cuts and Jobs Act (TCJA)]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=200792</guid>

            <description><![CDATA[Hall’s research helped economists understand how taxes distort investment decisions, while his work with Rabushka shows how to minimize those distortions. Although the US remains far from a pure consumption tax, Hall’s work informs efforts to reduce the tax burden on investment, improve neutrality, and promote long-run economic growth.]]></description>
      
      
          </item>
        <item>
      <title>Amendment 3: A Restructuring of Florida’s Local Tax Base</title>
      <link>https://taxfoundation.org/research/all/state/florida-amendment-3-homestead-property-tax-exemption/</link>
      <dc:creator><![CDATA[Nicole Fox]]></dc:creator>
      <pubDate>October 20, 2026 08:55:05 +0000</pubDate>
      		<category><![CDATA[Ballot Initiatives]]></category>
		<category><![CDATA[Housing Affordability]]></category>
		<category><![CDATA[Revenue Stability]]></category>
		<category><![CDATA[State and Local Budgets and Spending]]></category>
		<category><![CDATA[Tangible Personal Property (TPP) Taxes]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=all-research&#038;p=200725</guid>

            <description><![CDATA[Florida has long maintained one of the nation’s most competitive state tax codes, but a fundamental change proposed by Amendment 3 could undermine that competitiveness.]]></description>
      
      
          </item>
        <item>
      <title>International Tax Competitiveness Index 2026</title>
      <link>https://taxfoundation.org/research/all/global/2026-international-tax-competitiveness-index/</link>
      <dc:creator><![CDATA[Alex Mengden, Luis Zarka]]></dc:creator>
      <pubDate>October 19, 2026 04:05:49 +0000</pubDate>
      		<category><![CDATA[100 Percent Bonus Depreciation (Full Expensing)]]></category>
		<category><![CDATA[Base Erosion and Anti-Abuse Tax (BEAT)]]></category>
		<category><![CDATA[Base Erosion and Profit Shifting (BEPS)]]></category>
		<category><![CDATA[Capital Investment]]></category>
		<category><![CDATA[Chile]]></category>
		<category><![CDATA[Controlled Foreign Corporation (CFC) Rules]]></category>
		<category><![CDATA[Digital Taxes]]></category>
		<category><![CDATA[Distributed Profits Tax (DPT)]]></category>
		<category><![CDATA[Double taxation]]></category>
		<category><![CDATA[Financial Transaction Tax (FTT)]]></category>
		<category><![CDATA[Flat Taxes]]></category>
		<category><![CDATA[Foreign Derived Intangible Income (FDII)]]></category>
		<category><![CDATA[Global Intangible Low Tax Income (GILTI)]]></category>
		<category><![CDATA[Global Tax Deal]]></category>
		<category><![CDATA[Intellectual Property (IP)]]></category>
		<category><![CDATA[Interest Deductibility]]></category>
		<category><![CDATA[Inventory Taxes]]></category>
		<category><![CDATA[Marginal Income Tax Rates]]></category>
		<category><![CDATA[Marginal Tax Rate]]></category>
		<category><![CDATA[Net CFC-tested Income (NCTI)]]></category>
		<category><![CDATA[Net Operating Losses (NOLs)]]></category>
		<category><![CDATA[Neutral Cost Recovery]]></category>
		<category><![CDATA[OECD]]></category>
		<category><![CDATA[One Big Beautiful Bill Act (OBBBA)]]></category>
		<category><![CDATA[Patent Box]]></category>
		<category><![CDATA[Repatriation]]></category>
		<category><![CDATA[Research and Development (R&D)]]></category>
		<category><![CDATA[Sources of Government Revenue]]></category>
		<category><![CDATA[Tax Cuts and Jobs Act (TCJA)]]></category>
		<category><![CDATA[Tax Expenditures]]></category>
		<category><![CDATA[Tax Pyramiding]]></category>
		<category><![CDATA[Tax Treaties]]></category>
		<category><![CDATA[Taxing Savers and Investors]]></category>
		<category><![CDATA[Thin-Cap Rules]]></category>
		<category><![CDATA[Wealth Taxes]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=all-research&#038;p=200640</guid>

            <description><![CDATA[While there are many factors that affect a country's economic performance, taxes play an important role. A well-structured tax code is easy for taxpayers to comply with and can promote economic development while raising sufficient revenue for a government’s priorities.]]></description>
      
      
          </item>
        <item>
      <title>The California Billionaire Tax’s Ever-Shifting Goalposts</title>
      <link>https://taxfoundation.org/oped/california-billionaire-tax-proposition-40/</link>
      <dc:creator><![CDATA[Daniel Bunn, Dr. Jeff Hoopes]]></dc:creator>
      <pubDate>October 16, 2026 15:26:19 +0000</pubDate>
      		<category><![CDATA[Ballot Initiatives]]></category>
		<category><![CDATA[Migration]]></category>
		<category><![CDATA[Millionaires and High Income Earners]]></category>
		<category><![CDATA[OECD]]></category>
		<category><![CDATA[Wealth Taxes]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=oped&#038;p=200775</guid>

            <description><![CDATA[Wealth taxes have been a failure everywhere they’ve been tried, which may be why advocates for the California amendment are saying this is a new frontier. But the countries that have tried this gamble know the frontier well, and they’ve left it in the dust.]]></description>
      
      
          </item>
        <item>
      <title>Washington Voters Will Decide Whether to Keep or Reject an Income Tax on High Earners</title>
      <link>https://taxfoundation.org/blog/washington-millionaire-tax-ballot-initiative-645/</link>
      <dc:creator><![CDATA[Jared Walczak]]></dc:creator>
      <pubDate>October 15, 2026 16:45:24 +0000</pubDate>
      		<category><![CDATA[Ballot Initiatives]]></category>
		<category><![CDATA[Local Taxes]]></category>
		<category><![CDATA[Millionaires and High Income Earners]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=200685</guid>

            <description><![CDATA[Washington’s new income tax on high earners doesn’t take effect until 2028, but it is already generating a lot of activity. A measure on the ballot this November, Initiative 645, would reverse the legislature’s decision, preventing the new tax from taking effect.]]></description>
      
      
          </item>
        <item>
      <title>Spain’s Transformation After a Decade of Fiscal Competition</title>
      <link>https://taxfoundation.org/blog/spain-regional-tax-fiscal-competition/</link>
      <dc:creator><![CDATA[Cristina Enache]]></dc:creator>
      <pubDate>October 14, 2026 15:14:59 +0000</pubDate>
      		<category><![CDATA[Inflation-Indexing]]></category>
		<category><![CDATA[Marginal Income Tax Rates]]></category>
		<category><![CDATA[Tax Burden]]></category>
		<category><![CDATA[Wealth Taxes]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=200662</guid>

            <description><![CDATA[The 2026 <em>Regional Tax Competitiveness Index</em> for Spain highlights a growing divergence between regions that have embraced tax reform and those whose tax systems have remained largely unchanged.]]></description>
      
      
          </item>
        <item>
      <title>Why the US Needs a Fiscal Commission to Help Solve the Debt Crisis</title>
      <link>https://taxfoundation.org/blog/united-states-federal-government-fiscal-commission-debt-crisis/</link>
      <dc:creator><![CDATA[William McBride]]></dc:creator>
      <pubDate>October 12, 2026 20:15:55 +0000</pubDate>
      		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Debt and Interest Rates]]></category>
		<category><![CDATA[Federal Budget and Spending]]></category>
		<category><![CDATA[Medicare]]></category>
		<category><![CDATA[Social Security]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=200638</guid>

            <description><![CDATA[The federal government’s debt burden and interest on the debt are near record levels and headed higher, raising legitimate concerns about an eventual debt crisis. Given the increasingly dysfunctional budget process, the most viable option on the table to stave off such a crisis is a statutory bipartisan fiscal commission with buy-in from leaders of both parties.]]></description>
      
      
          </item>
        <item>
      <title>Rental Cars Shouldn’t Face Another Layer of Tax</title>
      <link>https://taxfoundation.org/blog/rental-car-sales-tax-exemption/</link>
      <dc:creator><![CDATA[Jared Walczak]]></dc:creator>
      <pubDate>October 12, 2026 15:27:41 +0000</pubDate>
      		<category><![CDATA[Sales Tax Exclusions & Exemptions]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?p=200615</guid>

            <description><![CDATA[Imposing sales taxes on rental car companies’ fleet purchases, in addition to the sales and rental car excise taxes levied when those cars are rented, yields double taxation and causes harmful tax pyramiding.]]></description>
      
      
          </item>
        <item>
      <title>Estate and Inheritance Taxes by State, 2026</title>
      <link>https://taxfoundation.org/data/all/state/estate-inheritance-taxes/</link>
      <dc:creator><![CDATA[Nicole Fox]]></dc:creator>
      <pubDate>October 12, 2026 08:55:30 +0000</pubDate>
      		<category><![CDATA[One Big Beautiful Bill Act (OBBBA)]]></category>
		<category><![CDATA[State Conformity]]></category>
		<category><![CDATA[Tax Cuts and Jobs Act (TCJA)]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=all-data&#038;p=180860</guid>

            <description><![CDATA[In addition to the federal estate tax, which has a top marginal rate of 40 percent, 12 states and the District of Columbia impose estate taxes, while five states levy inheritance taxes. ]]></description>
      
      
          </item>
        <item>
      <title>Combined State and Federal Corporate Income Tax Rates in 2026</title>
      <link>https://taxfoundation.org/data/all/federal/combined-state-federal-corporate-income-tax-rates-2026/</link>
      <dc:creator><![CDATA[Garrett Watson, Alex Durante]]></dc:creator>
      <pubDate>October 9, 2026 16:41:13 +0000</pubDate>
      		<category><![CDATA[Business in America]]></category>
      <guid isPermaLink="false">https://taxfoundation.org/?post_type=all-data&#038;p=200601</guid>

            <description><![CDATA[Corporations in the United States pay federal corporate income taxes levied at a 21 percent rate. Forty-four states and DC also levy taxes on corporate income, with top marginal rates ranging from 2.5 percent in North Carolina to 11.5 percent in New Jersey.]]></description>
      
      
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