In the age of new technology, is it better to ask for forgiveness, or beg for permission? Austin Brown and Kelly Fleming of UC Davis explore why companies have taken this approach and how policymakers and business leaders can improve the situation.
While the low income housing tax credit was retained, banks will be much less willing to purchase them due to their reduced corporate tax rate. That's just one way H.R. 1 will exacerbate divisions between the rich and poor in America's cities.
A new Harvard study reports that the rental market began to decline this year, and may continue to drop as higher income renters become homeowners. However, the report was released a week before the GOP tax cuts bill was signed.
The current mortgage interest deduction is $1 million. The House version of the tax bill called for a $500,000 cap while the Senate left it untouched. They split the difference and capped it at $750,000. Congress is expected to pass H.R. 1 this week