The Numbers Are In, and Trump’s Tax Cuts Are a Bust
Why Trump’s tax “reforms” didn’t deliver on growth, just on rentierism.
Read more...Category Archives: Taxes
Taxes for Revenue Are Obsolete
In a 1946 classic, New York Fed chairman Beardsley Ruml explains why taxes aren’t necessary for Federal spending and argues against corporate income taxes.
Read more...Transfer (Mis)pricing, the Jewel in Every Multinational Enterprise’s Crown
Transfer pricing: How developing countries lose $3 billion every day through an accounting trick that allows corporations to avoid paying tax.
Read more...Should We Tax Wealth?
Kicking the tires of a wealth tax.
Read more...Taxcast: The Corporate Tax Haven Index, Solving the World’s Broken Tax System
This taxcast examines the Tax Justice Network’s new Corporate Tax Haven Index for what’s wrong with the taxation system and how to fix it.
Read more...Facebook’s New Libra Digital Currency, Trust Issues (Many), and Sovereignty
Trust issues with Facebook’s Libra for users, regulators, and technically. And is Facebook seeking to become a sovereign?
Read more...The Poor Who Are Not With Us
Why some of the poor get all the attention.
Read more...Empire and Economics: The Long History of Debt Cancellation from Antiquity to Today
Get a cup of coffee. A meaty talk by Michael Hudson, Liz Theoharis, and Aliou Niang on the social and economic logic of debt cancellation back when it was a regular practice.
Read more...MMT, Models, Multidisciplinarity
Pavlina Tcherneva does the heavy lifting of debunking an off-the-mark attack on MMT by Noah Smith.
Read more...Defying Trump Promises, American Companies Still Playing Offshore Tax Games
Quelle surprise! A one-time tax break for US companies to repatriate offshore profits didn’t stop the gaming, nor did it generate more investment.
Read more...Taxcast: Mainstream Media Misrepresentations of the Financial Crash
This month’s Taxcast discusses misleading reporting from the mainstream media on the financial crisis: it was overloaded with finance ‘experts’, fed us all sorts of misunderstandings about the financial crash, sold us the austerity narrative, and omitted alternative solutions.
Read more...The #MMT Case for Progressive Taxes
MMT advocate typically shy away from calling for progressive taxes. A case as to why that’s a lost opportunity.
Read more...Why Carbon Prices Are Not Enough
A discussion of carbon taxes, cap and trade, and why neither is adequate by itself to change behavior.
Read more...Randy Wray: Response to Doug Henwood’s Trolling on MMT in Jacobin
Doug Henwood’s intellectually dishonest attack on MMT sadly shows how many soi-disant progressives are in fact hostage to neoliberal ideas.
Read more...Why Did Trump Choose to Be Such an Unpopular President?
Trying to make sense of Trump policies.
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