Marginal Effective Tax Rates: Changes in P.L. 119-21, the 2025 Reconciliation Act
The 2025 reconciliation act, P.L. 119-21, commonly known as the One Big Beautiful Bill Act (OBBBA), made a number of changes that affect marginal effective tax rates (METRs) on investment. These chang...
The Islamic State and Its Affiliates
The Islamic State (IS, also known as ISIS, ISIL, or Da’esh) is a transnational Sunni Islamist insurgent and terrorist group. At its 2015 height, the group controlled large areas of Iraq and Syria from...