The One Big Beautiful Bill Act introduces a significant overhaul of how large private university endowments are taxed in the United States. Currently, qualifying colleges and universities with sizeable endowments pay a flat 1.4% excise tax on their investment income. The OBBBA would replace this one-size-fits-all rate with a new tiered structure designed to increase…
Faith, Freedom, and Fiscal Honesty: A Look at the House GOP’s Tax-and-Spending Bill Tweaks
The latest maneuvering in Washington’s halls of power has the House GOP finalizing changes to their tax-and-spending reconciliation bill, tweaks necessary to keep the legislation compliant with the Senate's "Byrd Rule." Now, before your eyes glaze over at Senate procedure, here's why it matters: if the bill doesn’t follow this rulebook, it loses its “privileged”…
A Tax Too Far? Weighing the 3.5% Remittance Levy in the One Big Beautiful Bill
Let’s talk about money—specifically, money flying out of the country faster than a kid bolting from chores. The One Big Beautiful Bill Act has an interesting provision that I haven’t heard anyone talk about: a 3.5% tax on money sent abroad by non-citizens, including green card holders and visa workers. Let’s examine this from an…
Tax Relief and the Quiver Full: A Look at the Child Tax Credit Boost
As we continue to dig into the One Big Beautiful Bill Act, one provision stands out for those of us who hold fast to family, faith, and the future of this great nation: the expansion of the Child Tax Credit (CTC). Under this section, the credit rises from $2,000 to $2,500 per child for tax…
A Senior Tax Break That Gets It Half-Right
There’s a saying in Scripture: “With the ancient is wisdom; and in length of days understanding” (Job 12:12). Our elders are a treasure trove of experience, faith, and fortitude. They’ve worked, fought, and sacrificed for this country. So, when our lawmakers propose a tax provision that acknowledges their worth, it’s worth paying attention. Enter the…
Made in America, Driven with Deduction: A Closer Look at Tax Relief for U.S. Car Buyers
When the One Big Beautiful Bill Act (OBBBA) rolled through the halls of Congress like a shiny new pickup on Main Street, it came loaded with goodies aimed at revving up the American economy. One of the standout features? A provision that makes interest on car loans for American-made vehicles tax-deductible—up to $10,000 a year.…
Blessing the Worker or Burdening the Budget? A Look at the Tax Exemption for Tips and Overtime
In President Trump's "One Big Beautiful Bill Act," there’s a little gem tucked between the sweeping reforms and the budget battles: a provision that exempts income from tips and overtime from federal income tax between 2026 and 2028. On the surface, it sounds like manna from heaven for the working class. But as with any…
The SALT Divide: When Conservative Principles Meet Political Reality
The latest drama on Capitol Hill—yes, another one—is unfolding around the massive GOP-led legislative effort known as the “One Big Beautiful Bill Act.” This mega-package, spearheaded by President Trump and GOP leadership, attempts to stitch together a coalition with a Christmas-morning wishlist of conservative priorities: tax reforms, spending cuts, border security, and a firm stand…
Meet Delaware’s Next Governor: Matt Meyer
Matt Meyer, Delaware's governor-elect as of November 5, 2024, is a figure whose journey from teaching math to leading the state is as diverse as it is inspiring. Early Life and Education Born on September 29, 1971, in Bay City, Michigan, Meyer grew up in Wilmington, Delaware. He attended Wilmington Friends School and later graduated…
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