By Bruce McClary, NFCC Updated June 22, 2026 (Originally published October 2016) For millions of Americans, the dream of homeownership is a milestone that represents both personal achievement and long-term financial stability. However, the path to obtaining a mortgage is rarely a straight line. Between saving for a significant down payment, budgeting for closing costs,…
Introduction: Bridging the Digital Divide In the rapidly evolving landscape of the 21st-century global economy, a profound disconnect has emerged between traditional tax frameworks and the digital reality of modern business. For decades, international tax systems have relied on the principle of physical presence—the idea that a company should only pay corporate income tax (CIT)…
Brussels, June 2026 – As the European Union continues to grapple with the complexities of financing its ambitious budgetary objectives, the debate over how to capture revenue from the burgeoning digital economy has reached a fever pitch. In a formal testimony submitted to the Committee on Budgets and the European Parliament, Cristina Enache, Economist at…
In the evolving landscape of mid-range aviation, airlines are increasingly turning to regional jets to bridge the gap between short-haul European hops and long-haul international routes. Royal Jordanian, the flag carrier of the Hashemite Kingdom, has integrated the Embraer E190-E2 into its fleet to handle these mid-haul segments, including the critical 4.5-hour connection between Amman…
Introduction: A Tax System for the Analog Era For decades, the bedrock of international corporate taxation has been the principle of physical presence—the idea that a company should pay taxes where its factories, offices, and employees are located. However, the rapid ascent of the digital economy has rendered this concept increasingly obsolete. Today’s tech giants…
As artificial intelligence (AI) accelerates from a burgeoning technology into the bedrock of the modern economy, a chorus of high-profile voices—including billionaire investors Mark Cuban and John Arnold—is calling for a radical overhaul of the global tax system. The narrative is seductive: AI is a transformative force that threatens to displace human labor, concentrate wealth,…
