• Delaware’s Tax Cut Gold Rush Is Coming to an End

    By Michael Rainey

    Since late 2017, hedge fund and private equity executives have created thousands of shell companies in America’s most forgiving tax jurisdiction in what appears to be an effort to game the Republican...

  • FILE PHOTO:  Fannie Mae headquarters is seen in Washington, DC, U.S. on February 21, 2014.  REUTERS/Kevin Lamarque/File Photo

    Fannie Mae Whacked by New Tax Rules

    By Michael Rainey

    The Republican tax overhaul took a big bite out of Fannie Mae, the mortgage giant that has been managed by the federal government since the 2008 financial crisis. The new tax rules forced Fannie Mae...

  • U.S. President Trump sits at his desk before signing bills at the White House in Washington

    Trump Clearly Has No Problem with Debt and Deficits

    By Michael Rainey and Yuval Rosenberg

    A self-proclaimed “king of debt,” President Trump has produced a budget that promises red ink as far as the eye can see. With last year's $1.5 trillion tax cut reducing revenues, the White House gave...

  • FILE PHOTO: A CSX freight train crosses the Potomac River in Harpers Ferry West Virginia

    Why Trump’s $1.5 Trillion Infrastructure Plan Will Never Get on Track

    By Michael Rainey

    The Trump administration’s infrastructure plan , released Monday, is designed to “stimulate” $1.5 trillion in spending over 10 years, but the federal government’s contribution to that effort is just...

  • Another Blue State Wants a Tax Workaround

    By Michael Rainey

    New Jersey is the latest high-tax state looking for ways to limit the potentially negative effects of the Republican tax overhaul, which imposed a $10,000 limit on state and local tax deductions. On...

Taxes Directory

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