Archive for October, 2017

Do we have any historical evidence that lowering tax rates, particularly among the richest strata, generates economic growth, as the Republicans always predict? Has this ever worked?
A reader
The answer is no. As Congress tackles tax reform, we really dont have conclusive historical evidence of the relationship between tax rates and economic growth. To be sure, studies abound, but they are of two distinct types that at least superficially contradict each other.
The first approach compares tax rates with individual behaviors that should be good or bad for…

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Now the Republicans are talking about raising tax rates in what is supposed to be a tax cut bill. While raising tax rates on the rich might be appealing to the government is never big enough crowd, it won’t boost economic growth. Raising tax rates hasn’t worked in the past and won’t work this time. Higher marginal rates are a drag on economic growth, they punish risk-taking, and divert a larger relative portion of the economy to government control at the direct expense of productive investment. It was the rate increases and the regulatory onslaught of the previous administration that combined…

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Probably the most exciting part of the World Series game on Saturday night occurred before the home plate umpire even shouted play ball. When 7-year-old Hailey Dawson threw out the ceremonial first pitch, she used a prosthetic hand that was made possible by a pair of devoted parents, some dedicated engineers, 3D printing and the market economy.
The value of 3D printing, or additive manufacturing, is an effective rebuttal to those who see advanced technology as a threat. It is about as creative and destructive as creative destruction gets. It destroys some jobs, while creating others…

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The company has big plans for the next five years, and they don't include mediocre retailers.

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<p>If you've been following the news, you're no doubt aware that the country is deep in the throes of a student debt crisis. Americans collectively owe upward of $1.4 trillion in loans, many of which stem from private lenders with crippling interest rates.</p>

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Chilling financial horror stories don't stop at kissing $150 or more goodbye to get a nasty, motion-activated giant clown to sit on your porch and scare away the kids.&nbsp;

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It’s going to take more than the biggest stock slump in world history to convince analysts that PetroChina Co. has finally hit bottom.

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Automated vehicles will bring about big changes in the way Americans form communities and pick homes.

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<p>A tech-savvy, time-starved population, led by folks in the 18 to 35 age group, has catapulted digital grocery shopping into the fastest-growing segment in U.S. retail.</p>

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<p>The tech giant wants a key to your house. Give them access to an empty box on the porch instead.</p>

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The World Trade Organization ruled in favor of the United States and against Mexico in a case involving how tuna is fished in Mexico.

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Home ownership remains elusive for many Americans a decade after the collapse of the real estate market sent the US economy into a tailspin.

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Consumers can now check healthcare.gov to preview Obamacare premiums for 2018. That's just one of many changes the Trump administration has announced for this year's open enrollment period, which starts next week.

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Cactus gifts, renaming cities and an Amazon-themed public holiday are among the bids for HQ2.

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<p>Money is more flexible and low-overhead than goods are, easier for organizations to handle, and more valuable to afflicted individuals. Money lets aid groups and families buy what they need, when they need it, with as little hassle as possible. It also lets them address the needs that they see as most urgent.</p>

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