Tag Archives: Tax Reform

The Problem with Corporate Tax Reform

The ideology of governance has it dead wrong and regardless of the history that proves the error it appears that in an effort to restore a modicum of civic-centered action the GOP is at risk for legislating ignorance, again.

Here are the most critical reasons why the idea fails so proficiently:

(1) Using taxpayer dollars to incentivize an economic activity has never worked (“cash for clunkers”); funding corporate economic activity was once the function of banking and the stock market.

(2) Corporations do not create economic activity; they respond to demand backed by liquidity (capable of payment or trade of some kind).

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Seeding Inflation: The Economic Cure

 The illusion of complexity is merely a device of concealment used to deflect the obvious and common sense. 

The great drama of Politics has become so detached from economic realities that it no longer views fiscal matters in terms of fundamentals but in terms of temporary resolutions or transient and soon forgotten consequence. One moment saving Wall Street from certain collapse and the next crafting meaningful and insightful pandering policy while few seem to take notice of the great charade taking place; all in the name of saving a dying economic paradigm. 

Posted in Geo-Finance, On Point | Tagged , , , , | Leave a comment