The Tax Cuts Might Not Stimulate The Economy At All
The tax cuts are not likely to boost business investment by much. But analysis from the San Francisco Fed show that fiscal stimulus during boom times is a lot less […]
Stock Buybacks As Economic Stimulus
One of the criticisms of the recent tax cut is that most of the corporate tax cuts are likely to go to share buybacks. Rather than trying to deny that, […]
An Unexpected Tax Cut Bonanza
The Trump tax cut could produce more economic stimulus than many economists (ourselves included) expected. This could occur if others copy the example of several big corporations that announced they […]
Why Trickle Down Doesn’t Work
Tax cuts for the wealthy doesn’t trickle down, at least not in the US, the evidence is clear. Tax cuts for corporations might fare a little better through increased investments […]
A Tax Cut For Shareholders
The proposed tax cuts aren’t likely to do much for the economy or the middle class. But they are an important factor in keeping the markets up and are likely […]
Is Deflation Caused by Tax Hikes?
Japan’s tax hike, just as in 1997, again sunk the economy, at least temporarily. However, some argue that it’s also responsible for the Japanese deflation, which is a rather odd […]
More Voodoo Economics
Larry Kudlow..