Texas’s franchise tax—better known as the “margins tax”—does not work as advertised. The tax has not achieved any of the goals its creators set out for it.
The United States Postal Service is one of the best-liked agencies of the federal government, enjoying near-universal approval of the public. But it is in deep trouble.
Legislators and regulators in Washington, DC are now considering a gradual winding down of the two giant government-supported mortgage-securitizing enterprises, Freddie Mac and Fannie Mae.
During its 2012 session, the Florida legislature will consider bills to allow the construction of large destination casino resorts in Broward and Miami-Dade Counties.
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