Recent global VAT trade distortion data

  (Map showing countries with a VAT in red.  Countries without a VAT in blue) Here is a valuable table showing VAT/consumption tax rates across the world for 2013 courtesy of Stewart and Stewart, a DC law firm specializing in international trade issues. While other countries have lowered tariffs, they have raised their VATs.  Thus,…

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Morici: Growth, Jobs and the GOP

Having won control of Congress, the GOP must now put forward a clear program to create jobs and govern reasonably, lest it give Democrats the upper hand for the 2016 presidential election. In recent months, the economic growth has accelerated, but most economists don’t see the pace picking up enough to solve the nation’s shortage…

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Commerce Issues Preliminary Determination Finding Chinese Solar Producers Receive Countervailable Subsidies

The Department of Commerce (Commerce) preliminarily determined on June 3 that the Chinese government subsidizes the production and export of crystalline silicon photovoltaic solar cells (solar cells), as well as modules, laminates, and/or panels consisting of solar cells, with subsidy rates ranging from 18.56 percent to 35.21 percent. [by Ruby Hong | July 2014 |…

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