How McKinsey Helped Turn Big Pharma into a Rent Extraction Business
How McKinsey contributed to the devolution of Big Pharma.
Read more...Category Archives: Taxes
Bill Black Speaks to TaxCast About the Political Coalition Against Financial Regulation
This month’s TaxCast features Bill Black on the Whistleblowers United regulatory reform proposals plus why tax amnesties are a bad idea.
Read more...Robert Reich: 5 Reasons Why Trump’s and Cruz’s Tax Plans are Huge Giveaways to the Rich
Trump’s tax plan reveals that his economic populism is three-card Monte.
Read more...How Much International Tax Evasion is There?
More experts are working up estimates of the magnitude of cross-border tax evasion, and the amounts involved are considerable.
Read more...Nicholas Shaxson: Why “National Competitiveness” is Like Ice Cream
Beware of accounting firms playing with numbers to push tax competitiveness, as in tax breaks.
Read more...HSBC’s Money Laundering Nightmare (2): Mossack Fonseca, a Year in Words and Pictures, March 2015-March 2016
Mossack Fonseca and its trail of street protests: they are in it up to their thighs, and HSBC’s Stuart Gulliver has “no idea”.
Read more...A Feisty Debate on Corporate Tax: Tax Justice Network vs. Tim Worstall
Tax avoidance by multinationals has put the issue of the implications of the low levels of tax paid by multinationals in the spotlight.
Read more...Clinton Announces When She Will Disclose Her Healthcare Insurance Improvement Plan: She’ll Announce It Just as Soon as the Republican Presidential Candidates Tell Us Theirs
Clinton offers no details on her healthcare insurance scheme while her allies attack Sanders plan, often with easily debunked arguments.
Read more...James Galbraith: The Friedman v. Romers Growth Debate on the Sanders Plan – A Summing Up
How the real point of contention between Friedman and the Romers over the Sanders plan has been misconstrued.
Read more...Offshore Ireland Implicated in Bank Collapse, Once Again
More on how Ireland’s banks walked on the wild side, to the detriment of its citizens.
Read more...Randy Wray: American Colonial Currency (Debt Free Money, Part 4)
The American Colonial experience with note issue is consistent with what MMT has been saying for the past quarter century.
Read more...Randy Wray: The Value of Redemption (Debt Free Money, Part 3)
Repeat after me: creation comes before redemption. Always!
Read more...Tax Breaks for Big Pharma on Top of Unreasonable Price Hikes
Big Pharma’s claim that it is hard pressed to find cash for R&D spending needs to be taken with a fistful of salt.
Read more...Low-Income Housing Shows How Tax Credits Funnel Dollars to the Wealthy Under the Guise of Benefits to the Poor
How tax credits to subsidize social programs like low income housing are really welfare for the rich.
Read more...Are Economists in Denial About What’s Driving the Inequality Trainwreck?
Today’s richest Americans may soon blow past the tycoons of the Roaring Twenties.
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