Bloomberg recently reported on an exchange traded fund (ETF) with the ticker symbol BOXX that exploits various tax rules to transform what’s effectively interest income,...
Record stock buybacks—driven in part by the corporate tax changes in the Tax Cuts and Jobs Act (TCJA)—have sparked a media and political furor. Unfortunately,...
Until the Great Recession, state and local governments played a remarkably constant role through down business cycles. For four decades, when the economy turned sour,...