Navigating the Future of Fiscal Policy: Tax Foundation Europe Announces Its Second Annual Gala and Conference in Paris

PARIS — As international tax frameworks face unprecedented turbulence, regulatory shifts, and economic crosswinds, the continent’s premier fiscal minds are preparing to gather in the heart of France. Tax Foundation Europe has officially announced its second annual Gala and companion conference, scheduled for Monday, September 27, 2027. Set against the historic backdrop of the Maison…

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Beyond the Ballot: Why Florida’s Proposed Amendment 3 Threatens the State’s Fiscal Blueprint

Introduction: The High Stakes of Florida’s Tax Landscape Florida has long enjoyed a reputation as a fiscal sanctuary. Boasting a business-friendly environment characterized by the absence of an individual income tax, a modest corporate tax structure, and a relatively restrained property tax baseline, the Sunshine State has positioned itself as a premier destination for migration,…

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Spain’s Fiscal Map Rewritten: A Decade of Divergence in the Regional Tax Competitiveness Index

MADRID — Over the past ten years, Spain’s decentralized fiscal architecture has transformed into a dynamic laboratory of tax competition. Armed with significant autonomous regulatory powers, the country’s 17 autonomous communities have increasingly wielded their tax levers to attract entrepreneurs, high-net-worth individuals, and families. The launch of the 10th edition of the Regional Tax Competitiveness…

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Racing Against the Clock: Inside the Congressional Push for a Bipartisan Fiscal Commission to Avert a US Debt Crisis

WASHINGTON — As the United States grapples with ballooning federal deficits, soaring debt-to-GDP ratios, and debt-service costs that now outstrip the nation’s entire defense budget, alarm bells are ringing on Capitol Hill. A recent House Budget Committee field hearing underscored a stark, uncomfortable reality: the nation’s fiscal trajectory is rapidly becoming unsustainable. Lawmakers, economists, and…

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Navigating Spain’s Fiscal Map: The 2026 Regional Tax Competitiveness Index Analysis

As tax competition intensifies across Europe, Spain’s autonomous communities are increasingly utilizing their fiscal autonomy to attract businesses, entrepreneurs, and residents. The recently published 2026 Spanish Regional Tax Competitiveness Index (RTCI)—produced in collaboration with the Fundación para el Avance de la Libertad—offers a comprehensive roadmap for evaluating these regional tax systems. Comparing Spain’s 19 regions…

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Navigating America’s Fiscal Crossroads: The Case for Replacing Tariffs with a Value-Added Tax

As the United States grapples with a deteriorating long-term fiscal outlook, mounting national debt, and persistent economic uncertainty, policymakers face increasingly difficult choices regarding tax and trade policy. Over the past several years, tariff revenue has climbed dramatically, more than tripling as a share of Gross Domestic Product (GDP) following aggressive trade measures initiated by…

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The Trillion-Dollar Weight: How Healthcare Subsidies and Tax Preferences Are Driving America’s Fiscal Crisis

Main Facts The United States federal government is standing on an unsustainable fiscal precipice, driven predominantly by a decades-long expansion of healthcare spending and generous tax preferences. According to recent projections from the Congressional Budget Office (CBO), federal budget deficits are set to rise from 5.8 percent of Gross Domestic Product (GDP) in 2026 to…

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Navigating the Fiscal Maze: The High Cost and Complex Realities of Making Temporary Tax Carve-outs Permanent

As policymakers in Washington continually grapple with the structural integrity of the federal tax code, a new comprehensive analysis from the Tax Foundation highlights the profound trade-offs inherent in targeted tax relief. According to the organization’s newly published book, Options for Reforming America’s Tax Code 3.0: A Policymaker’s Guide to Tax Reform Trade-Offs, extending four…

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Spain’s Fiscal Map Shifts: Regional Tax Competitiveness Index Reveals Widening Disparities Across Autonomous Communities

MADRID — As economic pressures mount and global competition for talent and capital intensifies, Spain’s decentralized tax landscape is experiencing a profound evolution. The newly released 2026 Regional Tax Competitiveness Index (RTCI), published in collaboration with the Fundación para el Avance de la Libertad, offers a stark look at how the nation’s 19 autonomous communities…

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Trump’s Proposed $5,000 "Citizen Dividend": A Fiscal Windfall or an Economic Time Bomb?

WASHINGTON — In a high-stakes pitch delivered at the Republican National Convention in Dallas, President Donald Trump unveiled a bold and politically charged proposal: a direct $5,000 cash payment for every adult citizen in the United States. The catch? The payout is strictly conditional on the Republican Party maintaining control of both the House of…

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