Understanding the economics of tax reform

LOS ANGELES, December 9, 2017: Tax cuts are just one part of tax reform. Albeit a major part. Undoubtedly there will be winners and losers whenever a major overhaul in the arena of public policy occurs. Those who benefited under the existing regulatory structure will most likely oppose changes. Unless the replacement structure also benefits them… Please follow and like us:

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PBOC to check money laundering

BEIJING – A senior central bank official has stressed the need for increased efforts to combat money laundering. Yin Yong, vice-governor of the People’s Bank of China, said authorities should fight money laundering as an important task in “preventing and controlling financial risks and safeguarding financial system security.” China faces a “severe and complicated” situation concerning… Please follow and like us:

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New threat to U.S. economy identified

A new threat to the troubled U.S. economy has been identified, and it’s called “fiscal space,” says a new report in Joseph Farah’s G2 Bulletin. It’s the “amount of room available for additional government borrowing,” and while it isn’t likely to create a catastrophe in the immediate future, it could start impacting mid- and long-term planning,… Please follow and like us:

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