Opinion | Biden jobs plan can be paid for by fixing overvalued U.S. dollar

President Biden is showing that he’s serious about his pledge to “Build Back Better.” His new $2.3 trillion “American Jobs Plan” offers a blueprint for both investing in the nation’s infrastructure and rebuilding U.S. manufacturing. Now, it’s Congress’s turn to weigh in on the specifics of the president’s proposal—and how to pay for it. If…

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…