Tag Archives: economic output

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).

Posted in Poli-Econ, Poli-Finance | Tagged , , | Leave a comment