By Brian Figeroux, Esq. The structure of a nation’s taxation system has significant implications for economic growth, trade, and income distribution. One radical fiscal policy proposal is replacing income tax with increased tariffs on imports. While this approach could simplify tax collection and potentially promote domestic industries, it also carries substantial risks, including inflation, trade […]
By Beverly Moran, THE CONVERSATION The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on Dec. 31, 2024. As Trump and Republicans prepare to negotiate new tax cuts in 2025, it’s worth gleaning lessons from the president-elect’s first set of cuts. The […]
By Esther Claudette Gittens | Editorial credit: Karolis Kavolelis /shutterstock.com Brooklyn, NY—part of Kings County—is home to over 2.7 million people and a thriving cultural and economic landscape. However, its residents face a significant financial burden: some of the highest car insurance rates in the United States. This issue stems from a combination of systemic, […]
By THECONVERSATION| Editorial Credit: Mark Reinstein/ shutterstock.com The legacy of slavery in America remains a divisive issue, with sharp political divides. Some argue that slavery still contributes to modern economic inequalities. Others believe its effects have largely faded. One way to measure the legacy of slavery is to determine whether the disproportionate riches of slaveholders have been passed down to their […]