Archive for the ‘Tax Policy’ Category

What we would do if we wanted to reduce America’s excessive share repurchasing problem.

September 11th, 2014

You’ve hopefully heard about, if not read, this revealing analysis by William Lazonick on the sharp rise in public corporations using their profits to boost their share price through stock buybacks as opposed to re-investment. I won’t summarize the findings, as Harold Meyerson amply does so here. As he writes: From the end of World… Read more

My Last Word on Dean B and Corporate Taxes

August 27th, 2014

I’m sure Mr. Burns and other evil forces would love to see Dean Baker and me keep arguing about whether the corporate tax should stay (my view) or go (Burns Dean’s view) but given that there are truly misguided people out there who need economic enlightenment, this is my last missive, and a cursory one… Read more