jaredbernsteinblog.com jaredbernsteinblog.com

Hold up, New Jersey! It’s time to take a stand against our terrible tax debate.

This has been a terrible few weeks for tax policy. Donald Trump declares himself “smart” for tax avoidance; leaked returns show him to have claimed almost a billion in losses, much of which stems from ways in which the code privileges those selling real estate, which he presumably has used to write off taxes owed for years, and his proxies—Giuliani and Christie—declare him to be a genius, as opposed to a rich guy in a favored...

infrastructureusa.org infrastructureusa.org

A Requiem for the Highway Trust Fund

Innovation Newsbriefs Vol. 26, No. 8 The FAST Act, signed by the President on December 4,  marks the beginning of the end for the Highway Trust Fund as we have known it.  The $305 billion 5-year measure draws heavily on general funds (to the tune of $70 billion), and relegates to a virtual anachronism the “user pays” principle that  was the philosophic foundation of the federal-aid highway program for the past 60...