Real World Examples Of More Revenue With A 15% Corporate Tax Rate

In Full Archive by Nathan Lewis

(This item originally appeared at Forbes.com on September 14, 2017.) https://www.forbes.com/sites/nathanlewis/2017/09/14/real-world-examples-of-more-revenue-with-a-15-corporate-tax-rate/#3619e6cf4d15   One of the harder economic concepts to embrace is that tax revenues, as a percentage of GDP, are often lower when rates are higher, and higher when rates are lower. Huh? The …

Alan Reynolds Argues For the Gold Standard, 1982

In Full Archive by Nathan Lewis

Here are Allan Meltzer and Alan Reynolds, arguing for Monetarism and the gold standard, in 1982. I think it is an interesting exchange. You could say that things haven’t changed much since then. But, I don’t think that is true. Nobody really takes the …

A 15% Corporate Tax Would Have A Lot Of Upside Without Much Risk

In Full Archive by Nathan Lewis

(This item originally appeared at Forbes.com on September 7, 2017.) https://www.forbes.com/sites/nathanlewis/2017/09/07/a-15-corporate-tax-would-have-a-lot-of-upside-without-much-risk   I recently argued that a country is far better off with a simple tax system and a low rate, like Hong Kong with its 16.5% corporate tax, than an obscenely complex system …

The Interwar Period #2: It’s Not That Complicated

In Full Archive by Nathan Lewis

Today, we will re-summarize our work on the Interwar Period. October 2, 2016: The Interwar Period (contains many links) October 6, 2016: Team Gold Needs To Get Over the Great Depression October 16, 2016: Nonmonetary Perspectives on the Great Depression October 23, 2016: Nonmonetary …

Want To Double Corporate Tax Revenue? Cut The Rate To 15%

In Full Archive by Nathan Lewis

(This item originally appeared at Forbes.com on August 24, 2017.) http://www.forbes.com/sites/nathanlewis/2017/08/24/want-to-double-c…t-the-rate-to-15/ The U.S. tax code is famously overcomplicated; it has been estimated at 75,000 pages long. The original 1913 U.S. income tax code was about 400 pages. It grew to about 8,200 pages by …

The Midas Paradox #4: Much Ado About Nothing

In Full Archive by Nathan Lewis

We’ve been talking about The Midas Paradox (2015), by Scott Sumner. July 23, 2017: The Midas Paradox (2015), by Scott Sumner July 31, 2017: The Midas Paradox #2: Blame Gold August 3, 2017: The Midas Paradox #3: It’s So Because I Say It Is …

Why We Should Cut The Corporate Tax To 15% Now

In Full Archive by Nathan Lewis

(This item originally appeared at Forbes.com on August 8, 2017.) https://www.forbes.com/sites/nathanlewis/2017/08/08/why-we-should-cut-the-corporate-tax-to-15-now/#10bfe87479ba The U.S. government hasn’t really done very much about its tax code since 1987. Mostly it has been like the Battle of the Somme, trench warfare accomplishing nothing, with the top income tax …

The Midas Paradox #3: It’s So Because I Say It Is

In Full Archive by Nathan Lewis

We’ve been talking about The Midas Paradox (2015), by Scott Sumner. July 23, 2017: The Midas Paradox (2015), by Scott Sumner July 31, 2017: The Midas Paradox #2: Blame Gold The primary claim of the book is that gold’s value soared higher, in an …

The Midas Paradox #2: Blame Gold

In Full Archive by Nathan Lewis

We have been talking about The Midas Paradox (2015), by Scott Sumner. July 23, 2017: The Midas Paradox (2015), by Scott Sumner. As you probably guessed from the three-word title, the book can be summarized in two words, which are: “blame gold.” This, as …

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