The notion that lower corporate tax rates will lead to a repatriation of corporate cash and an influx of job creation in the United States is a complete nonsense.


When the founders of the United States framed the American Constitution, one of the concerns that guided their work was the knowledge that popular democracy would eventually become an entirely commercial proposition.

This fear is clearly illustrated by the tax “reform” legislation just passed by the Republican majority in Congress.

Noti 2bIt seeks to buy votes next November with reductions in federal tax revenue that must ultimately be funded with ever larger amounts of public debt.

Of course, all of us hope that the…

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