The U.S. national debt has soared to staggering heights, crossing over $34.52 trillion. It's a figure that alarms economists and policymakers alike, increasing by about $8.36 billion daily. In the face of this towering debt pile, President Biden's administration proposes tightening the
The intricate relationship between tax policy and economic growth is centrally highlighted in the nuanced context of the United Kingdom's fiscal circumstances. The patterns of investment and taxation are intertwined in a complex web, where strategic tax reforms could serve as catalysts to
While often viewed through the narrow lens of economic efficiency, tax policy carries the potential to be a profound instrument for fostering democratic solidarity and achieving social equity. Clint Wallace, a law professor, advocates for a paradigm shift that positions taxation as a cornerstone in
The year 2023 presented a challenging fiscal scenario for the Commonwealth of Virginia. A standoff between the governor and state legislators brought the state to the precipice of a shutdown as the new fiscal year approached with no budget agreement in sight. At the heart of this was a rift in
The recent passage of a controversial law in Iowa has thrust the state into the center of a heated national debate over immigration enforcement. At the heart of the issue is a legal dispute over the power dynamics between state and federal governments when it comes to controlling the nation's
Tax policy is not merely a financial instrument. It's a reflection of democratic commitment and the very interaction between citizens and their government. Professor Clint Wallace of the University of South Carolina School of Law presents a compelling argument: tax policy is a cornerstone of
