Alternative Pillar 1 Formulas for International Fairness

by Jeff Ferry and David Morse Jeff Ferry is chief economist and David Morse is tax policy director at the Coalition for a Prosperous America. They thank Mary Hollenbeck for her data collection and additional research for this article.In this article, Ferry and Morse examine the advantages and disadvantages of pillar 1 of the OECD…

Opinion | Import Shortages Make Case for a ‘Made in USA’ Resurgence

Michael Stumo \ January 3, 2022 \ The Washington Times In addition to the health crisis spawned by the COVID-19 pandemic, the United States is now experiencing significant shortages of consumer goods. These troubles extend across a wide range of products, including everything from bicycles and cars to prescription medicines. But the problems run even…

Opinion | A “Made in America” Fix for U.S. Supply Chain Woes

Michael Stumo \ December 23, 2021 \ Inside Sources   Much has been made in the news lately regarding America’s shortage of consumer goods. Increased consumer demand in the wake of the COVID pandemic has led to global shortages of many industrial products. And with cargo ships backed up and waiting to enter America’s congested west coast ports, there’s…

Can the MAC Make the Federal Funds Rate More Effective?

Background When inflation threatens America’s stability and economic growth, the Fed raises the Federal Funds Rate (FFR). This reduces domestic demand for borrowed funds, and that reduces the growth of domestic money in circulation and thus the rate of inflation. This approach worked reasonably well from the 1930s when the FFR became an official policy…

Growing Evidence Shows GSP Trade Liberalization Programs Hurt, Not Help

Original by CPA Chief Economist Jeff Ferry published in Foreign Policy News Early in June, the Senate passed its signature “China bill,” a wide-ranging piece of legislation intended to counter Beijing’s industrial rise and spur U.S. technological competitiveness. Included in the bill was a reauthorization of the longstanding Generalized System of Preferences (GSP), a tariff…

Opinion\ Declining U.S. Job Quality for People of Color

By Dan DiMicco and Jeff Ferry \ June 2021 \ The Hill As former manufacturing executives, we have seen firsthand how high-quality jobs in our industry benefit Americans from all backgrounds. We also know that the quality of jobs created – not just the quantity – matters. The troubling results of our organization’s new economic study show why. In recent…

Opinion\ Senate’s Production Tax Credit Could Reshore U.S. Solar Manufacturing

Jeff Ferry \ June 30, 2021 \ Real Clear Energy As the U.S. transitions away from fossil fuels, it’s clear that solar power will play a key role in providing clean, renewable energy for the nation. However, Washington must decide whether solar power will come from American companies and workers—or from China. That’s because years…

Opinion\ Domestic manufacturers that hire and produce in the U.S. need a better global corporate tax deal

David Morse \ June 2021 \ MarketWatch Every year, dozens of large multinational corporations generate enormous profits in America’s lucrative consumer market. But thanks to clever profit shifting, they’re able to avoid paying much of their U.S. corporate-tax obligations. In fact, a study by the Coalition for a Prosperous America (CPA) found that America’s 500…

CPA Applauds Senate Passage of Online Country of Origin Labeling Bill

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the Senate passage of Senator Tammy Baldwin’s (D-WI) COOL Online Act, which would mandate that country-of-origin labeling (COOL) be clearly and conspicuously stated in any website description of a product. This would protect Americans’ right to know where the products they buy are made…