Rejecting the religion that is free trade

Editors note: CPA member Roger Simmermaker explains how free traders wrongly focus on efficiency and low prices instead of production and employment. Exclusive: Roger Simmermaker warns of cost of ‘efficiency uber alles’ [Roger Simmermaker | September 8, 2019| WND] It is no secret that free traders worship free trade as a religion. Syndicated columnist and…

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The Rise of Phantom FDI in Global Tax Havens

Editor’s note: The massive phantom foreign direct investment described in this article shows why CPA’s proposal for sales factor apportionment is needed for the US tax system. If companies were taxed, as we propose, on profits from sales in the US, shifting their profits to shell companies other countries would no longer benefit them. Empty…

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Fed Beige Book Shows Wide Tariff Anxiety, Varied Impact So Far

Editor’s note: Fed report finds business uncertainty but little actual impact of tariffs. Investment “uncertainty” from tariffs exists only if you want to invest somewhere else, not America U.S. companies showed widespread concerns about tariff and trade policy uncertainty, but generally reported minimal impact thus far, according to a regional survey from the Federal Reserve.…

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