Posts Tagged ‘corporate tax’
Gay Gains
Recognizing gay marriage would reduce, yes reduce, federal spending by about $500 million/year. While that’s just two-hundredths-of-one-percent of annual federal spending, it helps. Spending will fall because generally fewer married couples qualify for (means-tested) entitlements such as welfare, Medicaid, Medicare, and SSI. Moreover, added revenue from the “marriage penalty” more than offsets all increases in…
Read MoreLots of People are Asking Why…
If profits are booming why aren’t jobs plentiful? Well, from what I can tell the bulk of earnings this cycle were derived offshore and since U.S. companies get “dinged” on earnings they remit home what happens is that the foreign-derived income stays exactly where it is earned―abroad!! Fixing the corporate tax code will help. Anybody…
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