John Tamny says there is no deflation.
Dan Mitchell points out that EU nations, on average, impose their top tax rates at much lower income levels than the U.S.
Steve Hanke recently discussed the euro on CNBC.
Forbes summarizes adjustment mechanisms under Robert Mundell’s “Theory of Optimum Currency Areas.”
From the archive, here’s Mundell’s 1961 article, on which the euro is based.
A Cato study says the U.S. corporate tax rate on new investment is the highest in the OECD.
That's not exactly what Cato says. Highest on new investments is the claim and if I were you I would check out Cato's figures more closely. This wouldn't be the first time they have twisted figures to suit their political agenda. The time has passed when dishonesty will win the day.
ReplyDeleteOh, and in any case the article goes on in the first paragraph to say the opposite of what you stated Sean.
TSG: Fair point. I edited the post to say new investment. Thanks, Sean.
ReplyDelete