Let's End this Nightmare: The Corporate Income Tax
Big Think chief Economist Daniel Altman has a suggestion to end this long national nightmare: get rid of the corporate income tax.
Tax day is no one's favorite day. But perhaps we can take this opportunity to examine how we can reform one of the most complex tax systems in the world. Big Think chief Economist Daniel Altman has a suggestion to end this long national nightmare: get rid of the corporate income tax.
As Altman points out, "economists to this day don't know who pays it...And that means that we really don't know who's bearing the burden."
In the video below, Altman argues for abolishing this "extremely volatile" tax.
Image courtesy of Shutterstock.
Swipe right to make the connections that could change your career.
Swipe right. Match. Meet over coffee or set up a call.
No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.
Despite incredible economic growth, it is not necessarily an investor's paradise.
- China's stock market is just 27 years old. It's economy has grown 30x over that time.
- Imagine if you had invested early and gotten in on the ground floor.
- Actually, you would have lost money. Here's how that's possible.
Moans, groans, and gripes release stress hormones in the brain.
Could you give up complaining for a whole month? That's the crux of this interesting piece by Jessica Hullinger over at Fast Company. Hullinger explores the reasons why humans are so predisposed to griping and why, despite these predispositions, we should all try to complain less. As for no complaining for a month, that was the goal for people enrolled in the Complaint Restraint project.
Participants sought to go the entirety of February without so much as a moan, groan, or bellyache.
- Facebook and Google began as companies with supposedly noble purposes.
- Creating a more connected world and indexing the world's information: what could be better than that?
- But pressure to return value to shareholders came at the expense of their own users.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.