Enjoy a selection of my commentaries below. To see the full listing of commentaries, please click here.
World Trade Follows New Rules
First of four parts Unconventional trade — including barter, counter trade, offsets and buy-backs — is the most rapidly growing segment of international commerce. Countertrade, one of the most widely used techniques of unconventional trade, is a business transaction where an exporter agrees to accept goods or services produced by the importing country as partial…
BTU tax kills jobs, slows growth
Imagine a headline proclaiming, “Clinton proposes 98% tax on computers made in the Silicon Valley.” The subhead reads: “Computers made in Indiana to be taxed 29%.” People would properly ask: Why does the administration pick on one industry to carry so much of the burden of its tax proposals? Why did the administration select a…
Tax limits bring economic growth
Yesterday was tax day for millions of Americans — as they filed their federal income tax returns. According to IRS estimates, individuals spend about 1.7 billion hours on tax-related paperwork; businesses spend another 3.4 billion hours. The Tax Foundation estimates the cost of compliance with federal tax laws will approach $200 billion this year. Yesterday…