ACC Archives

Month: April 2012
Tax Breaks Don’t “Cost” Anything

In the attached article Jeremy Bowman at the Motley Fool discusses the use of tax breaks to woo companies from one state to another state. This is wrong in his opinion. In fact he says it’s more than just wrong,...

The Stealth Bailouts Continue

The attached piece from Washingtonsblog.com is extremely well done and informative. As I was reading about how TARP has actually not been paid back completely and is likely  in the end to cost the taxpayer $60 billion at least, I stumbled across...

Will the US End Up Like Japan?

In the piece below, distinguished biologist Jared Diamond discusses, not only Japan’s economic calamity, but some of the social problems underlying it. The economic problems are daunting. As Diamond notes, current tax revenues only cover interest on the vast government...

Are the Rich Ripping Off Everyone Else?

The article below, from Harvard’s Kennedy School of all places, says no. Increasing inequality isn’t the fault of the rich. Let’s learn from the rich instead of lambasting them. Most people won’t buy this. They know that something is wrong,...