“[Impeachment] will seldom fail to agitate the passions of the whole community, and to divide it into parties more or less friendly or inimical to the accused . . . [T]here will always be the greatest danger that the decision will be regulated more by the comparative strength of parties, than by the real demonstrations…
Tag: Donald Trump
Is the End of Tax-Funded Subsidies for Professional Sports Stadiums Near?
Amidst polarizing protests by figures such as Colin Kaepernick, the National Football League and other professional sports organizations have stood at the center of political discussions surrounding free speech, racial inequality, and the role of social media in government in recent years. Amidst contentious debate, however, a closely related topic of advantages and monetary support…
President Trump’s Potential Changes to NAFTA
In January 1994, the North American Free Trade Agreement (NAFTA) was signed into law.1 The agreement between the United States, Canada, and Mexico, was created to facilitate free trade across the North American countries by eliminating tariffs and making it easier for companies to move from the U.S. to Mexico.2 The agreement was controversial during…
The Potential Repeal of the Johnson Amendment
Part I: The Johnson Amendment’s History and Controversy The “Johnson Amendment” is the nickname for a provision in the U.S. Tax Code that places limitations on the activities of organizations seeking tax exemption. 26 U.S.C. § 501(a) provides that some organizations shall be exempt from taxation.1 Section 501(c)(3) provides the general requirements that, to be…
Scrapping Dodd-Frank
Since its inception, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) has faced heavy criticism.1 Passed as comprehensive legislative response to the financial crisis of 2008, the Dodd-Frank Act expanded regulations on financial institutions. Its repeal would cause a dramatic change in the landscape of financial regulation in the United States. The…
What a Trump Presidency Means for Detroit
After January 20th, two things are certain: Donald Trump is the President and Detroit is experiencing a robust comeback after filing for municipal bankruptcy four years ago. Donald Trump has promised to renegotiate trade deals and lower the corporate tax rate. If Trump can make good on his promises, how will these changes impact the…
The Impact on Businesses from Trump’s and Clinton’s Respective Tax Proposals
In this blog post, I will provide a brief analysis of the tax proposal of the presidential candidates from the two major parties. First, I will examine the relevant portions of Republican nominee Donald Trump’s tax proposal and their potential impact on U.S. businesses and the overall economy. Then, I will do the same with…