In this issue brief, public finance fellow Jorge Barro finds that lower state income taxation is associated with higher net taxpayer migration. Further, Barro explains that since the passage of the 2017 tax reform, taxpayers and earnings potential have both migrated to lower-taxing states at a faster rate.
The energy policies of the United States and Mexico are at a crossroads, writes nonresident scholar Isidro Morales. In this report, he explains that the future direction of energy in both nations depends on how global energy markets adjust to the latest shock to the system — Russia’s invasion of Ukraine.
In the wake of the collapse of Terra — a once-prosperous blockchain network that suffered one of the biggest falls in the history of cryptocurrency — the authors discuss recent government efforts to regulate digital assets.
Alexander Hernández Romanowski, Helen BrantleyJuly 22, 2022
The U.S. is facing an acute semiconductor shortage, exacerbated by pandemic-related disruptions to global supply chains, writes fellow Joyce Beebe. In this brief, she analyzes two federal proposals that seek to expand U.S. semiconductor manufacturing and weighs the pros and cons of including tax incentives in any final bill.
A report from center experts on the evolution of Islamist politics, the Israeli-Palestinian conflict, security in the Persian Gulf and displacement in the Middle East.
Kelsey Norman, Mohammad Ayatollahi Tabaar, Kristian Coates Ulrichsen, A.Kadir YildirimJuly 7, 2022
This report explores the current situation in Palestinian-Israeli dynamics and concludes that the only real solution is a return to the two-state paradigm. Peace and security — for both Israelis and Palestinians — will come through mutual recognition of statehood and clearly defined and respected international borders, the author writes.
The authors review the rating systems used to assign state unemployment insurance (SUI) tax rates to businesses, focusing on the reserve ratio and benefit ratio methods, and examine suggested alternatives.
As iron ore, copper, and lithium producers, Brazil and Chile have a competitive advantage in the global energy transition. This brief outlines the countries' opportunities to profit from their exports while reducing their domestic consumption of fossil fuels.