Taxes September 2, 2025
Tariffs’ Nothingburger Impact on Public Budgets
No matter where they end up, import taxes aren’t likely to drive inflation enough to have much effect on state or local tax revenues.
Taxes August 26, 2025
Trump Vows Export Curbs, Tariffs in Digital Tax Reprisal
The president threatened to impose fresh tariffs and export restrictions on advanced technology and semiconductors in retaliation against other nations’ digital services taxes that target U.S. technology companies.
Taxes August 13, 2025
July Tariff Revenue Jump Fails to Halt Wider Budget Gap
U.S. tariff revenue reached a fresh monthly record in July, though the increase wasn’t enough to prevent a widening in the monthly budget deficit—pointing to the federal government’s continuing fiscal challenges.
Taxes August 12, 2025
Trump Extends China Truce for 90 Days, Averting Tariff Hike
President Donald Trump extended a pause of sky-high tariffs on Chinese goods for another 90 days into early November, stabilizing trade ties between the world’s two largest economies.
Taxes August 7, 2025
Bessent Pressed by MSNBC Analyst on How Tariffs Are Paid
On MSNBC’s “Morning Joe,” Eugene Robinson walked Treasury Secretary Scott Bessent through addressing the “confusion” when it comes to whether a U.S. importer or another country would have to pay for tariffs.
Taxes August 7, 2025
Trump’s Tariffs Take Effect in Fresh Test for Global Economy
Taken together, President Trump’s actions will push the average U.S. tariff rate to 15.2%, well above 2.3% last year and the highest level since the World War II era.
Taxes April 18, 2025
The Tax Law Roundup – April 2025
The Tax Law Roundup is a collection of recent sales, VAT and other transactional and business operations tax news compiled and shared with us by the transaction and business tax experts at Avalara.