The Coming Chinese Storm

Editor’s note: Pay special attention to DNI Director Dan Coats’ statement and consider whether our issues with China are confined to trade. [Mark Kelton | February 5, 2019 | The Cipher Brief ] Director of National Intelligence Dan Coats briefed the Senate Select Committee on Intelligence last week about the comprehensive threat that China poses…

Foreign Direct Investors will Love the Market Access Charge (MAC)

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…