Week in Insights: Tax Cuts and Jobs Act Met Its Goal at a Cost (06/28/2026)
A new economics paper complicates the story about the Tax Cuts and Jobs Act of 2017. For years, supporters have deemed it a pro-growth success, while critics have called it an expensive giveaway tilted toward corporations and high earners.
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Services Taxation Major Sticking Point in UN Talks, Chair Says (06/26/2026)
Disagreements over how to tax cross-border services are proving to be a major hurdle for negotiators working on a United Nations global tax agreement, the head of the negotiating committee said Friday.
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Trump Vows 100% Tariff If Countries Impose Digital Services Tax (06/26/2026)
President Trump says any country that imposes a digital services tax on American companies “will immediately be met with a 100% TARIFF” on all goods sent to the US.
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Trump threatens 100% tariff on any country that imposes digital services tax
This article reports that President Trump threatened a 100% tariff on goods from any country imposing a digital services tax on U.S. companies. The article links the threat to France’s existing digital services tax on revenues from online marketplaces and advertising, as well as broader U.S. objections to European DSTs that the U.S. Trade Representative has argued discriminate against American technology companies.
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Government R&D Tax Supports Doubled in 20 Years, OECD Finds
Trump Threatens 100% Tariff on European Countries That Impose Digital Services Tax
ECJ Adviser Backs EU Probe Into Mead Johnson Gibraltar Tax Break (06/25/2026)
The European Court of Justice should back the European Commission’s decision to extend a state aid investigation into whether a Gibraltar entity of the Mead Johnson Nutrition group received preferential tax treatment, an adviser to the court wrote on June 25, 2026.
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Tax Simplification Gains Outweigh Revenue Losses, Hoekstra Says