Research Library

Many argue that sales and excise taxes are regressive based on the strict relationship between annual income and taxes paid, but the burden of higher sales taxes may actually fall more heavily on households with higher lifetime incomes.

The most likely future for NAFTA is neither continuity — that is off the table as per U.S. goals — nor a “modernized” agreement that the U.S. does not appear to want.

Mexico initiated a series of structural reforms in 2013, including major changes to policies governing telecommunications. Nonresident scholar Clara Luz Álvarez explores the implications of a recent ruling by Mexico’s Supreme Court on one of the related laws passed by Congress in a blog post for the Baker Institute Blog.

Public finance fellow Joyce Beebe discusses state and federal legislation aimed at granting states greater authority to collect sales taxes on remote online sales, as well as obstacles to those efforts.

To gain public support for Mexico’s energy reforms, the government promised a future of low gas prices. The author documents the fallout when gas prices instead shot up 20 percent. 

The extent of fuel theft from pipelines in Mexico is now so great that it is becoming a serious financial burden for state-owned petroleum company Pemex and, more broadly, may pose a challenge to the implementation of policies designed to liberalize Mexico's gasoline market, writes postdoctoral fellow Adrian Duhalt.

In testimony before the U.S. House Budget Committee, public finance fellow John Diamond outlines steps to reduce projected federal expenditures and reform the U.S. tax system to maximize economic growth.

Public finance fellow Joyce Beebe outlines the benefits of paid family leave for U.S. families and society in general, examines the experiences of three states with paid family leave, and presents policy issues that should be taken into consideration to successfully craft a nationwide paid family leave program.

Brazil's economy is among those most closed to foreign trade. Debate on trade policy has returned to the political agenda, but domestic and international circumstances do not currently favor reform. This brief discusses the outlook for trade policy reform in Brazil during President Michel Temer's term and the challenges that will be faced by any succeeding government.

Since early 2014, Brazil has been in the midst of a political and economic crisis characterized by the impeachment of former President Dilma Rousseff, steadily worsening economic conditions, and an investigation into widespread corruption within the government and Petrobras, the state-owned oil company. Experts from the Latin America Initiative analyze different aspects of the current situation in the issue briefs listed below.