Today’s New York Times editorial on corporate taxes pitches the old argument that the corporate income tax is basically a tax on the wealthy, with the burden falling most heavily on corporate shareholders, who tend to be rich. In particular, … read more
Jeff Sachs is in denial once again. In a podcast for BBC News, he bashes Ireland for its low corporate tax policy that, according to him, created a “bubble in the short-term” but did not really build the “long-term platform … read more
The Labor Department reported this morning that the private sector added 230,000 jobs in March, while the public sector lost 15,000 jobs, leading to a net increase of 215,000 jobs. The stock market has reacted positively to the news, since … read more
In a recent article in the Financial Times, Jeffrey Sachs rues the race to the bottom in corporate taxes that is forcing countries like the United Kingdom, Canada, and the United States to engage in tax cutting at a time … read more
