Drone Wars: Bans Against Free Enterprise?
Economy / National Security / Politics / Regulation / Technology

Drone Wars: Bans Against Free Enterprise?

Jeff Bezos’ plans to create commercial drone deliveries for Amazon in upcoming years might be premature based on the severe lack of new regulation establishment from the Federal Aviation Association (FAA).  The Association cannot keep up with American innovation and has resorted to banning most drone usage, aside from several private-sector drones, until it completes … Continue reading

How Can International Students Boost the U.S. Economy? – Part I
Economy / Immigration / Politics

How Can International Students Boost the U.S. Economy? – Part I

The United States has been broadly known as a nation of immigrants and their descendants. As the country gradually recovers from the recent economic crisis, the importance of economic and social benefits of immigration becomes clearer than ever before. According to the latest government figures, U.S. population growth is projected to tumble almost in half … Continue reading

STEMigration Reform: Not All About the Cap
Economy / Immigration / Politics

STEMigration Reform: Not All About the Cap

As border security fear mongering steals the headlines (first ISIS, now Ebola), a slow-burning immigration drama is playing out between the world’s two biggest democracies. The controversy revolves around the H-1B visa, a 3-year nonimmigrant visa designed to attract skilled foreigners to fill U.S. labor shortages in the science, technology, engineering, and mathematics (STEM) fields. … Continue reading

Questioning the “Shareholder Solution”
Constitution / Economy / Politics

Questioning the “Shareholder Solution”

On October 3, the Washington Post ran an opinion piece entitled “A shareholder solution to ‘Citizens United.’” As the title indicates, the article presents a way to control corporate campaign financing permitted by Citizens United. Specifically, the article introduces proposed legislation in Maryland that would require corporations to disclose and subsequently receive support from a “majority” of … Continue reading

$15 Billion Tax Prevented by PIFTA
Politics / Regulation / Tax / U.S. Senate

$15 Billion Tax Prevented by PIFTA

If the Senate opts in for H.R. 3086, the Permanent Internet Tax Freedom Act (PIFTA), $14.7 billion in taxes will be averted every year. During the Internet boom of the 1990s, Congress passed the Internet Tax Freedom Act (IFTA), which prevented state and local governments from collecting Internet specific taxes. Sponsored by Senate Finance Committee … Continue reading

U.S. Businesses Dodging Taxes?  IRS Pulls Reins Tighter
Economy / Regulation / Tax / Taxes

U.S. Businesses Dodging Taxes? IRS Pulls Reins Tighter

The Internal Revenue Service (IRS) and the U.S. Department of Treasury issued a Notice (Notice 2014-52) last Monday that would further their efforts to prevent U.S. companies from using an increasingly prevalent tactic known as inversion to lower their tax bill. Conventionally, an inversion is a negotiation in which a U.S. multinational company restructures with a foreign … Continue reading