Michael Hudson on Trump’s Tax Sleight of Hand
A skeptical look at some of Trump’s tax proposals.
Read more...Category Archives: Taxes
TaxCast: Financial Transaction Taxes, Trump Hearts Kleptocrats
The current Taxcast tours financial transaction taxes, the Swiss referendum, and dark money.
Read more...India’s “Bold Experiment With Cash”: Debunking Myths
India radical demonetization policy: Is this a decisive action against the black economy or an ill-considered, damagingly arbitrary act?
Read more...Private Equity Slugfest! Managing Partner of Sequoia Slams Blackstone Chief Steve Schwarzman in New York Times Op Ed
Rifts are opening up among the financial elite. Michael Moritz, a partner from Sequoia Capital, penned a New York Times op-ed that blasts fellow private equity big dog Steve Schwarzman of Blackstone for cottoning up to Trump and for making his living from squeezing American workers and benefiting from the carried interest tax loophole, which […]
Read more...Are 401(k)s Contributing to the Growth of the Outsourcing of Jobs?
Yet another reason to regard 401(k)s as a failure….
Read more...Border Adjustment Tax Could Help Europe Find Common Voice on Trump
Europeans mull retaliation if Trump moves forward with his border adjustment tax.
Read more...Consternation as Trump Starts Delivering on Campaign Promises While Making More Crazy Attacks on Critics
As with his campaign, the Trump Presidency is loutish, thin-skinned and thinly staffed, disorderly….and taking ground.
Read more...Taxcast: South Dakota as Tax Haven, Stopping Corporate Tax Dodgers
How South Dakota is helping the US become an even bigger player in the tax haven game.
Read more...“Many Areas of Appalachia and Mississippi Delta Have Lower Life Expectancy Than Bangladesh”
Four Nobel Prize winners agree that rent-seeking is the biggest driver of rising inequality.
Read more...Yet Another Glaring Flaw With Trump Infrastructure Plan: Dependence on Vagaries of Tiny, Slow-Moving Tax Equity Market
The oh-so-clever Trump plan to use tax credits to fund infrastructure spending means it will be too small and slow to provide any real boost.
Read more...How Do Americans Get Rich? (And Stay Rich?)
A deep dive into the sources of rich Americans’ wealth.
Read more...How Taxpayers Subsidize AirBnB’s Cheap Prices
How you lose when AirBnB wins.
Read more...TaxCast on Ownership Avoidance and the Great Escape
The Latest Tax Justice Network Podcast covers some hot topics, including beneficial ownership avoidance, and tax policies and human rights.
Read more...Wolf Richter: What the Heck’s Happening to Our Share Buyback Boom?
Is the share buyback boom going down the drain, putting this wondrous stock market at risk?
Read more...Wall Street Journal Puts Foot in Mouth and Chews Via False Claim That Tax Law Change Would Lead US Companies To Move Cash to US
Yet again, we ebunk the myth that tax gaming leads US companies to hoard cash overseas. Tax accounting has nada to do with where money sits.
Read more...