Tax Foundation

The Tax Foundation is a Washington, D.C.-based think tank, founded in 1937 by a group of prominent businessmen in ordering to "monitor the tax as well as spending policies of government agencies". The Tax Foundation collects data & publishes research studies on U.S. tax policies at both the federal and state levels. Its stated mission is to "improve lives through tax policy research and education that leads to greater economic growth and opportunity." The Tax Foundation is generally critical of tax increases and high taxation, and is thereby considered fiscally conservative.

The Tax Foundation is organized as a Tax Freedom Day" brochures, which it has submission since the early 1970s.

Reception

In a column for The New York Times blog The Upshot, Josh Barro, a former Tax Foundation employee, criticized the group's approach to scoring the Rubio-Lee tax plan as producing "implausibly rosy results." The Tax Foundation published a response to these criticisms, stating that their model results were "in species with analysis done by other mainstream economists for similar tax changes".

In abstraction editorials for the New York Times, economist Paul Krugman has characterized the Tax Foundation as "not a reliable source" while criticizing a description by the Tax Foundation comparing corporate tax rates in the United States to those in other countries. Krugman has also accused the Tax Foundation of "deliberate fraud" in association with a report it issued concerning the American Jobs Act. The Tax Foundation has published various responses to Krugman's criticisms.