American infrastructure was once the envy of the world. Our expansive interstate system, bustling and modern airports, cutting-edge power grid, and other infrastructure developments were tremendous assets to our economy. But for decades these resources have been left...
Tax reform’s overarching purpose is to ensure a stronger economy for years to come. A useful approach to assessing the Tax Cuts and Jobs Act is to distinguish its tax cut from tax reform aspects. Both aspects are relevant from a certain perspective. Tax cuts were...
As business leaders are all too aware, tax day happened last month – an annual occurrence dreaded by the nearly 30 million small business owners operating in the United States. Congress wanted to make April 15, 2019 less painful for businesses on Main Street and to...
Tax reform is doing what was intended – driving business investment, creating jobs, and growing our economy. Small businesses are seeing this first-hand. For National Small Business Week let’s look at how tax reform is working for them. Surge in small business...
Overall trade deficits may pose a danger; bilateral trade deficits don’t. One can easily see how this can be confusing. As Maurice Obstfeld of the IMF wrote recently, A country’s overall trade balance is a macroeconomic phenomenon that mirrors whether it spends less...
This week the U.S. Chamber of Commerce joins with all Americans to celebrate National Small Business Week. This is an opportunity to show our appreciation for the backbone of our nation’s economy: the small businesses that employ more than half of all Americans and...
