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
How about that? I’ve got a rare and welcome chance to have a friendly disagreement with an admired friend. That would be economist and my co-author on many projects, Dean Baker, who has some different, and interestingly nuanced, views from my own on getting rid of the corporate tax. First, let me summarize my argument. It’s… Read more
An American company that wears a crown and makes French fries wants to put its tax mailbox in Canada. Welcome to the global economy. Over at PostEverything. Actually, this particular inversion carries an important lesson: the countries that understand the above–the pressures that globalization puts on domestic economies–and take steps to dampen the harm and amplify… Read more
This recent rush by US companies to move their mailboxes abroad for tax purposes–so called “inversions”–has led to an increase in calls to abolish the corporate tax. And, to be fair, those calls started long ago based in no small part on the extensive loopholes that plague the corporate code. Still, while I’m not defending… Read more
A move that invokes many a gnarly issue, both re tax law and politics. Over at PostEverything.