In this piece, Aneesh Raghunandan draws on academic research to lay out how policymakers and the public can evaluate deals with data centers for jobs from a state’s perspective.
An article by Nathan Goldman examines the “jock tax,” the phrase for how states and cities tax the income nonresident athletes earn while working inside their jurisdiction.
Allison Koester sheds light on government subsidies for businesses, including who gets subsidies and how subsidies affect non-subsidized competitors.
Kaitlyn Kroeger explains how US multinationals are responding to the global minimum tax.
Elisa Casi writes on the recent wave of tax transparency initiatives and how tax administrations can turn that information into effective enforcement.
The Debate over a Smaller IRS “The IRS Isn’t Going to Catch Me.” The Wall Street Journal’s headline captures an oft-cited concern about recent reductions in tax enforcement: fewer audits could encourage taxpayers to avoid paying what they owe. Recent figures have added urgency to that concern. Revenue from IRS examinations fell 35 percent in fiscal 2025, according…
Should publicly traded companies’ tax returns be available to the public? The question has been debated for decades (Lenter, Slemrod, and Shackelford 2003; Morris 2015), and has recently led to new requirements that multinational companies in the United States and Europe disclose more about their tax positions. Supporters of disclosure argue that the tax return gives outsiders a…
In this article, author Jeff Hoopes surveyed researchers belonging to a prominent professional organization devoted to tax research and public finance. Its membership draws heavily from academic economists, accountants, and lawyers. Their answers provide a different perspective on the wealth tax debate.
“Buy, borrow, die” has become a familiar indictment of how wealthy Americans are taxed. Senator Ron Wyden warns that assets pass to children “often entirely tax-free.” Morris Pearl, chair of Patriotic Millionaires, describes wealth reaching the next generation “completely free of income tax.” For these reasons, many people advocate taxation of wealthy Americans, although the exact extent of this issue for tax…
California’s Billionaire Tax: Liquidity Issues and Questionable Fiscal Rationale California voters will soon decide whether to approve Proposition 40, a one-time five percent tax on the wealth of the state’s billionaires. Yet proponents continue to sidestep fundamental questions about its design and fiscal rationale. In this article, I respond to two arguments made recently by Rep. Ro Khanna,…