…is built upon my cobra equation… Corporate profit rate = b * (2*(cap + emp + T2*els) – 3*(T2 + els))/2*els cap = capacity utilization emp = (1 – unemployment…

…profit rates would decline unless corporate profit rates were rising to offset it. According to the equation, if corporate profit rates are falling and the Fed rate is rising, net…

Does Kevin Hassett Understand Transfer Pricing? Howard Gleckman does: It is true that bringing US corporate rates in line with our trading partners may reduce incentives for improper transfer pricing….

…the wealthy. In fact, the recently released “tax reform” “framework” is heavily tilted in favor of the wealthy, because the corporate statutory rate cut from 35% to 20%, the elimination…

…The Tax Foundation appears not to have noticed that loans are not gifts. First he quoted Stephen Rosenthal’s observation that the direct effect of cutting taxes on corporate profits is…

…(Oct. 18, 2016), Trump’s tax plan has always favored the wealthy. In fact, the recently released “tax reform” “framework” is heavily tilted in favor of the wealthy, because the corporate…

…FDI flows to shell companies that do not engage in any business activities, and are used to minimize corporate taxation before the funds are channeled to their final destination. Among…

…out that Republican appointees to the Supreme Court have, with remarkable consistency, delivered rulings that advantage the big corporate and special interests that are, in turn, the political lifeblood of…

…failed low-income Americans over the past half-century. Corporate bosses have spent and schemed to prioritize profits over families. Lobbyists are blocking the will of the American people with their self-serving…

…fact, the US corporate-tax code effectively incentivizes American pharmaceutical companies to play this game. On paper, America’s corporate-tax rate is 21%, but the country’s largest and most profitable pharmaceutical companies…