Author: Tobias Burns

Last week, the Supreme Court made headlines with its decision on Moore v. U.S., tossing the hot potato of a wealth tax back to Congress. This case had implications for trillions of dollars in government revenue and federal laws. The Court’s decision skillfully sidestepped the broader questions surrounding taxation, leaving the door wide open for potential future debates on the issue. Many are left wondering what this means for the future of wealth taxes in the United States. Will Congress take up the challenge of crafting a fair and effective wealth tax system? Or will they leave it to the…

Freddie Mac, a government-backed mortgage securitizer, is contemplating expanding its portfolio to include home equity loans in addition to first-time mortgages. This potential move could provide borrowers with more favorable terms compared to those offered by private credit markets. Public comments on the proposal recently closed, and it has already garnered praise… Freddie Mac’s potential shift towards purchasing home equity loans could have significant implications for the housing market. By offering borrowers more attractive terms, Freddie Mac may help increase homeownership rates and stimulate the real estate sector. Additionally, the move could provide broader access to credit for individuals who…