Challengers also may argue that the action is unconstitutional based on the provision that the President “take care that the laws be faithfully executed” and the idea that it is the role of Congress, not the executive to impose taxes and spend money.[21] While the Trump administration seems...
Most banks in the region choose to finance more secure businesses, such as real estate. It is difficult to secure bank loans since most banks in GCC nations are typically averse to lending to small, unknown enterprises, preferring the security and predictability of financing to major firms, ...
“important non-tax policy objectives such as encouraging investment in commodity, enhancing the stability of neighborhoods, and increasing the willingness of property owners to fund local schools through property taxes.”[98] In response to the recent housing crisis, Congress amended the Tax Code to...
This perspective would then counsel against a central bank and gov’t policy attempting to promote sustained price inflation of 2-4% (or 6% temporarily as some misguided eCONomists have recently advocated), assuming incorrectly that wages would commensurately rise during ...