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Are Taxes Obsolete?
Are Taxes Obsolete?

A Former NY Federal Reserve Chair in 1946 posited that question. His responses are fascinating.

Consumer Fairness: The Case for the GROWTH Act

Consumer Fairness: The Case for the GROWTH Act

Two people invest for the same long-term goal. One invests in a mutual fund. The other invests in an exchange-traded fund (ETF). Their fund portfolios may own many of the same companies, provide similar market exposure, and generate similar returns before taxes. Yet, their after-tax outcomes can still be materially different. Many ETFs can move securities in and out of the fund through an "in-kind" exchange. In...

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America250

America250

Celebrate America and 250 years of public finance, civic development, and the building events that shaped our Nation.

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Federal Budget Process
Federal Budget Process

Explainer: Our National Budget, how it works Our National Budget is a long complicated process...

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