Workers: Fear Not the Robot Apocalypse

For retailers, the robot apocalypse isn’t a science-fiction movie. As digital giants swallow a growing share of shoppers’ spending, thousands of stores have closed and tens of thousands of workers have lost their jobs. [Greg Ip| September 5, 2017 | The Wall Street Journal] Belinda Duperre, who sold jewelry at Sam’s Club in Fall River,…

Time to Close the Foreign Investors Tax Loophole

Congress will put together a tax reform bill with the goal of eliminating tax loopholes, simplifying the tax system and reducing tax rates.  One loophole that they should eliminate is the most self-destructive tax loophole ever enacted, the Foreign Investors Tax Loophole [Sections §871(h,i,k) and §881(c,d,e) of the Internal Revenue Service code]. Enacted in 1984, it lets…

Bipartisan House and Senate Trade Leaders Release Statement Regarding the U.S.-Korea Trade Agreement

WASHINGTON, D.C. – House Ways and Means Committee Chairman Kevin Brady (R-TX) and Ranking Member Richard Neal (D-MA) and Senate Finance Committee Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) today released the following statement about the U.S.-Korea trade agreement:  “North Korea’s latest nuclear test underscores yet again the vital importance of the strong…