Corporate Tax Dilemmas

When firms diminish their corporate tax rate legally with a corporate inversion, the debate should be about overly complex corporate tax laws.…

The Reason That Recession Dates Matter

Asked to define a recession, you can give the mechanical answer. It is 2 or more adjacent quarters of a real GDP decline. So, if Q1 GDP grows by 3%, Q2 by 2% and then Q3 by 1%, is that a recession? (I…

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