Editor’s Note: Roger Simmermaker is a CPA member and author of “How Americans Can Buy American: The Power of Consumer Patriotism.” Costly new regulations could erase some of the competitive advantages U.S. producers have gained [Roger Simmermaker | November 21, 2019 | Lifezette] U.S. consumers who haven’t been buying American products and have been getting their…
By Jeff Ferry, CPA Chief Economist For the past year, tempers and words have been heating up in an international war over corporate taxation. France raised the heat in the battle last year, when it announced it would levy a tax on the corporate profits of a small number of Internet companies to a value…
Excerpt: The tariffs matter because steel is important. It’s a key measure of a nation’s economic security. Steel is the bedrock commodity needed to build transportation, infrastructure, housing, and power distribution. Our products are used in everything from commercial construction and apartment buildings to energy infrastructure and data centers. [Barry Zekelman | November 22 2019 |…
Editor’s Note: Zach Mottl is the chief alignment officer of Atlas Tool Works and a past chairman of the Technology and Manufacturing Association of Illinois and on the CPA board. Each year, the United States imports more than $2 trillion worth of goods. And whether it’s cars, flat-screen TVs, or medical devices, these products all face…
Editor’s note: More tier one business press reporting on our Job Quality Index. For over 100 consecutive months, the United States government has reported that the economy has produced 50-year highs in employment and record lows in unemployment. [Jack Kelly | November 25, 2019 | Forbes] The data from the Department of Labor (DOL) suggests…
Editor’s note: Chinese espionage against Monsanto. WASHINGTON (Reuters) – A Chinese national who worked for Monsanto before it was purchased by Bayer AG was charged in St. Louis, Missouri, on Thursday with stealing trade secrets for China, the U.S. Justice Department said. [Eric Beech | November 21, 2019 | Reuters] Haitao Xiang, 42, an employee…
Editors note: This is a good sign that the president is not looking to close the phase one deal with China. They would never comply. They will have to buy our agricultural products anyway. The tariffs should be made permanent and expanded. “I like what’s happening right now,” president says. [Paul Connor | November 20,…
Editors note: This is a very very good article covering our new job quality index. The numbers tell one story. Unemployment in the US is the lowest it’s been in 50 years. More Americans have jobs than ever before. Wage growth keeps climbing. [Gwynn Guilford | November 21, 2019 | Quartz] People tell a different…
Sales-based system could address corporate tax avoidance Washington. The Coalition for a Prosperous America (CPA) is urging the Organization for Economic Cooperation and Development (OECD) to support a move to sales factor apportionment (SFA) as part of its comprehensive review of international corporate tax systems. CPA submitted public comments to the OECD last week. The…
Editor’s note: Good news. We need comprehensive tariffs on all Chinese imports. Make them permanent. China is a pariah state. WASHINGTON (Reuters) – Completion of a “phase one” U.S.-China trade deal could slide into next year, trade experts and people close to the White House said, as Beijing presses for more extensive tariff rollbacks, and…
