Dow, S&P 500, Nasdaq Hit All-Time Highs

Editor’s note: Tariffs are not killing the economy as claimed by the Very Smart People who brought us fake free trade. Tariffs are pro-growth, need to be expanded, and followed by fixing the overvalued, noncompetitive dollar exchange rate. U.S. stocks traded higher on Wednesday ahead of Federal Reserve Chairman Jerome Powell’s appearance on Capitol Hill. [Ken Martin…

Details

To defend ourselves against China, we must change

Editors note: Ralph Gomory is a member of the CPA advisory board.  In dealing with China, the United States has a fundamental problem. [Ralph Gomory | July 8, 2019 | The Hill] China has used a variety of tactics – from mispriced currency and subsidized competition to industrial espionage – to advance its industries and has announced its plans to dominate…

Details

US Should Reject Tax Loopholes that China Favors

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…

Details