Do Fiscal Policies Influence Investment Returns?

Paul Erlendson examines whether fiscal policy and tax rates affect investment returns.

MLPs Keep Tax-Favored Status Under New Law

Despite some concerns about preliminary versions of the tax overhaul bill last year, investors in master limited partnerships (MLPs) fared well at the end. Under the old and new tax code, the pass-through nature of MLPs protects investors from double taxation; income is only taxed at the investor’s individual tax rate. The new tax law […]

Analyzing the Impact of the New Tax Law

The federal tax law overhaul signed by President Trump at the end of last year, totaling more than 800 pages, marked the first comprehensive change to the U.S. corporate and personal tax systems since 1986. In broad strokes, the biggest changes include: Permanently reducing the corporate tax rate from 35 to 21 percent Temporarily reducing […]