Tag: Business

Tax Reform IV: Corporate Tax Reform »

The United States has one of the highest corporate income tax rates in the world. While both the Obama administration and Trump administration have criticized American companies for moving operations off-shore, and considered a variety of policies for punishing them if they do, a better approach would be to design policies that make it...
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Will the Workday Shrink to Four Hours? »

Jack Ma, the billionaire founder of Chinese firm Alibaba, anticipates that in 30 years the workday will shrink to four hours. He cites as evidence the continual decline in the number of works hours of the average worker. But while average hours worked has declined, some people work 60 to 70 hours a week...
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Trump Looks Forward to 4% GDP Growth »

I take everything Donald Trump says with a grain of salt, including his claim that he believes the US can boost its GDP growth to 4% or even 5% a year. He’s quoted here saying he really believes it, but I hope it’s just more of his bluster. Why would he think GDP could...
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Hillary Clinton’s Exit Tax »

In the Cold War era, Eastern bloc countries prevented their citizens from leaving. The Berlin Wall was the most iconic symbol of the Eastern bloc’s no exit policy. Hillary Clinton’s proposed exit tax “on the untaxed overseas earnings of multinational companies that leave the U.S.” falls short of being a Berlin Wall for U.S....
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Apple Shrugs? »

Ayn Rand’s 1957 novel, Atlas Shrugged, tells a story about what happens when the men of the mind go on strike. [Spoiler Alert: Plot details revealed ahead.] The book’s protagonist, John Galt, is an engineer who decides he is no longer willing to live in a society where others assert a claim over the...
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Apple vs. the FBI: Three Reasons to Side with Apple »

When the story about the FBI wanting Apple to provide it with software to unlock the phone of the San Bernardino killers came out, I considered blogging about it but decided against it. The case was too clearly in Apple’s favor, I thought. Nobody would side with the government. But now I see that...
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Free Kim Davis... And Fire Her! »

Kim Davis, a county clerk in Kentucky, has made the news by refusing to issue marriage licenses to same-sex couples. She’s now in jail for contempt of court, because she has refused to uphold the recent court decision giving same-sex couples the right to marry. I have some sympathy for Davis, because when she...
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Atlas Shrugs »

Three months ago, the CEO of Gravity Payments, a Seattle credit card processing firm, announced that all of the firm’s employees would be paid a minimum of $70,000 a year, according to this story. Now, the firm has fallen on hard times, and some of the firm’s “higher valued” employees have quit. One employee...
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Racehorses and Circus Animals—Stifle Your Outrage »

Flipping channels the other day, I came across an ad for SeaWorld. Instead of showing images of flipping dolphins, laughing children, and Shamu the killer whale, the commercial was more of a PSA. Instead of its typical advertising, the spot consisted of discussions about how the organization cares for its animals and their lifespans....
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Health Spending Unscathed in Shrinking Economy »

Last Friday’s terrible revision to first quarter GDP—from an initial estimate of 0.2 percent real growth to a real loss of 0.7 percent—confirms that health spending stands over our weak economy like a colossus. In the initial estimate, personal consumption spending on health services increased by $23 billion (chained 2009 dollars). Today’s second estimate...
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  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org