By David Morse, Tax Policy Director The US and domestic companies should be alarmed by China’s desire to preserve corporate tax avoidance strategies in the world. Many countries have had enough of corporate tax avoidance, and the Organization for Economic Cooperation and Development (OECD) is currently considering solutions to restrict or end such practices. China…
Editors note: America is absorbing too much of the global oversupply of capital, driving our dollar higher and worsening our trade deficit. The Trump administration needs to support a market access charge to strategically slow these toxic waste capital inflows. Investors expect even lower growth and inflation; this isn’t the way it’s supposed to work.…
Editor’s note: Peter Navarro strongly defends the POTUS actions on China, battling with the CNBC hosts. Peter Navarro, assistant to the president and director for the White House Trade and Manufacturing Council, joins “Squawk on the Street” after talks between the U.S. and China at the G-20 Summit. Navarro discusses those trade talks, lessened sanctions…
Editor’s note: The Syracuse (NY) Post Standard featured an interview of Michael Stumo on leadership. Michael Stumo grew up on a family farm in Iowa. His first job after college was running a hog-buying station, where he lived in a trailer in a pasture. Inspired by a friend, he started studying for the LSAT (law…
Editors note: CPA members Zach Mottl and Bill Hickey are quoted throughout this important article on our defense industrial base being challenged by China and US monopolies Wall Street’s short-term incentives have decimated our defense industrial base and undermined our national security. [MATT STOLLER AND LUCAS KUNCE | June 27, 2019 | The America Conservative]…
Editor’s note: The issue of managing the US dollar exchange rate continues to get media attention. Populists say that devaluing the US dollar will bring back American jobs and boost domestic manufacturing. [Ben Piven | July 1, 2019 | ALJAZEERA News] What kind of American leader would want less bang for the buck? More and…
Editors note: This legislation should pass. Also the US needs to focus on developing 5G here. Fast. Ridiculous that we don’t have it. Sen. Marco Rubio (R-Fla.) vowed legislative action on Saturday after President Trump said that he would lift a ban on U.S. companies doing business with Chinese tech giant Huawei. [John Bowden | June 29, 2019 | The…
Editors note: This is what you get when you listen to people who think that a service economy is the wave of the future. Huawei is the top threat to American dominance in wireless technology. And the U.S. is woefully, even disgracefully, behind. [Andrew Ross Sorkin | July 1, 2019 | NY Times] In an…
Editor’s note: Another company moving back to the US. Production to begin in August with 10-15 employees in first year [Alex Zank | June 27, 2019 | Biz Times] Ontario, California-based Optec LED Lighting is moving ground-up production from China to a renovated, centralized facility in Brookfield with plans to eventually make Wisconsin its new…
Editor’s Note: Roger Simmermaker, a CPA member, explains how China is taking over the supply chain serving the energy industry, further evidence why they cannot be trusted to stop cheating. Exclusive: Roger Simmermaker takes on trade war issues [Roger Simmermaker | June 28, 2019 | WND] Many Americans tend to think of the U.S.-China trade war…
