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Worst Socialist Ever

Many have noted that under success hating kenyan islamosocialist Barack Obama nominal corporate profits just set a new record. Uh so what. A dollar isn’t worth what it used to…

Corporatism and taxes

…the reorganization provisions–for example, current IRS regulatory approaches proclaim that even losses can be recognized in corporate reorgs, going against well-settled understandings of the operation of the corporate reorganization provisions,…

Declining Progressivity in US Taxes

…2004 is revealing. While our system remains progressive to some extent, the progressivity has declined significantly. This is primarily, they say, because of the cuts in the corporate tax and…

What’s Your Top Ten List for Tax Reforms?

…shareholders’ abilities to use the corporate form to aggrandize and use that power, I do not think that corporate integration is the right answer. Even if we don’t eliminate the…

AIG in WAPO II

…would insure a company’s corporate debt in case of default. The model showed that these swaps could be a moneymaker for the decade-old firm and its parent, insurance giant AIG,…