E-Cigarette Taxes Keep Smokers Smoking

The Tobacco Tax Equity Act of 2021 (TTEA) was introduced at the end of April in both Houses of Congress by U.S. Senators Dick Durbin (D-IL).Ron Wyden (D-OR), and Representative Raja Krishnamoorthi (IL-D-08). If passed, the bill would establish new tax rates on both e-cigarette and tobacco products potentially causing an increase in the smoking […]

The Hill: Rich Nations Benefit, But Poor Suffer From Tax Scheme

As the Organization for Economic Co-operation and Development (OECD) works to reach a consensus on establishing a global minimum corporate tax rate, the administration is making its voice heard. Last month, the U.S. shook up global tax negotiations by proposing a hefty rate of 21 percent, a figure which is significantly higher than the 12.5 percent rate previously discussed at the […]

The Economic Standard: EV Subsidies are a Renewable Waste

As part of his recently released infrastructure plan, President Joe Biden has vowed to overhaul the American electric vehicle (EV) industry with $174 billion worth of spending. But in his rush to spread the cash around, President Biden appears to be doubling down on environmentally inefficient and socially regressive initiatives. Rather than wasting taxpayer money […]

Coalition Letter Calls for Pro-Growth Tax Policy

ACI and twenty-two other public policy organizations sent a letter to Capitol Hill calling for a number of tax relief measures that will aid in America’s economic recovery from the COVID-19 pandemic. We state that “pro-growth tax policy that boosts GDP, jobs, and wages should be a legislative priority at any time but has taken […]

Real Clear Energy: Unplug Tesla Tax on the Poor

Nonetheless, forcing lower income taxpayers and energy ratepayers to fund the rollout of EV charging stations constitutes a Tesla tax on the less-wealthy. When Marie Antoinette was told that the poor could not afford bread, she reportedly said to “let them eat cake.” For Americans who are struggling in the wake of the pandemic, House […]

OECD Minimum Tax Rate Hurts the U.S. Economy

Last year, the Organization for Economic Cooperation and Development (OECD) announced its two-pillar proposal to pursue the goals of transferring tax rights between nations, targeting profits of larger companies and multinational corporations, and instituting a cross-border minimum tax rate. The G-20 is gearing up for a meeting to discuss the first pillar of placing a […]

ACI Urges Maryland’s Legislature Not To Tax Online Advertising

The following is a statement by Krisztina Pusok, Directory of Policy and Research at ACI, regarding Maryland’s Digital Ad Tax: ACI strongly urges Maryland’s legislature not to overturn Governor Hogan’s veto of HB732 (Tobacco Tax, Sales and Use Tax, and Digital Advertising Gross Revenues Tax). The proposed digital ad tax, while vaguely worded, would have […]

Town Hall: High Wireless Taxes Hurt the Poor and Innovation

High cellular taxes contribute to the digital divide between people with high and low incomes, and they slow down the rate of technological innovation. Lawmakers should be encouraging the use of these devices and not tax them. Read this opinion piece in the Town Hall.

ACI Submits Comments Regarding the OECD Pillar One and Two Tax Blueprints

Dear Sir or Madam: These comments are submitted on behalf of the American Consumer Institute (ACI), a 501(c)(3) nonprofit, non-partisan, educational, and public policy research organization with the mission to identify, analyze, and project interests of consumers in selected legislative and rulemaking proceedings in matters that affect consumers. ACI appreciates the opportunity to submit these […]

Coalition Letter Supports Efforts to Help in the Economic Recovery from COVID

ACI joined a large coalition of groups in support of the expansion of full expensing provisions in the U.S. tax code. The CREATE JOBS Act proposes to allow business investments, Research and Development, and capital expenditures in rental and commercial structures to be fully expensed, rather than depreciated. That provision will act as an bold […]