WASHINGTON — The Coalition for a Prosperous America (CPA) today praised a key proposal in the Biden administration’s Pillar 1 offer to the Organization for Economic Cooperation and Development (OECD) that would implement a Sales Factor Apportionment (SFA) for the top 100 multinational corporations. CPA has long called for implementing SFA and changing the way…
WASHINGTON — The Coalition for a Prosperous America (CPA) today provided expert testimony during a virtual forum held by the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) titled, “Risks in the Semiconductor Manufacturing and Advanced Packaging Supply Chain.” The virtual forum is part of the Department of Commerce’s efforts to produce a…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the Keep China Out of Solar Energy Act introduced by Senators Rick Scott (R-FL), Marco Rubio (R-FL), Marsha Blackburn (R-TN), John Kennedy (R-LA), Tom Cotton (R-AR), Shelley Moore Capito (R-WV), Josh Hawley (R-MO), and John Barrasso (R-WY). The legislation would prohibit federal funds from being used to…
Urges Plan to be Paid for with Charge on Glut of Foreign Capital Inflows WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the goals of the American Jobs Plan, the Biden administration’s new infrastructure investment plan. The plan aims to “create millions of good jobs, rebuild our country’s infrastructure, and position…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Senators Chris Coons (D-DE), Marco Rubio (R-FL), Ed Markey (D-MA), Bill Hagerty (R-TN), Tim Kaine (D-VA), and Mitt Romney (R-UT) for introducing a resolution condemning the Chinese government and Communist Party’s genocide against the Uyghurs and other ethnic minorities in the Xinjiang Uyghur Autonomous…
By John R. Hansen, CPA Advisory Board Would the MAC discourage foreign direct investment in the United States? Some readers have suggested that capital being brought into the United States to finance greenfield foreign direct investment should be exempted from the MAC. We should not, they argue, do anything to discourage productivity enhancing investment in America’s manufacturing…
By John R. Hansen, CPA Advisory Board This note describes how a Market Access Charge (MAC) can fix US dollar overvaluation, what the MAC is, and how it would put US workers and factories back on the job. Many factors have contributed to America’s declining international competitiveness, but most important has been misaligned exchange rates that are…