Category Archives: Media Criticism

The Corporate Tax Rate Arms Race

A https://www.the-american-interest.com/2017/12/21/ladies-gentlemen-take-places/ is good for all of us.

As I noted on Twitter, many people, ignorant of economics, are going to be surprised at how little reducing corporate tax rates will have on government revenue. Because corporations don’t pay taxes; they only collect them.

Corporations will “pay” less tax, but shareholders and employees will end up paying more, because their income will go up, and the increased economic growth from reduced prices will result in additional revenue as well.

Trump’s Space Policy

I haven’t seen everything, so I can’t say for sure that this is the stupidest, most ignorant take on it, but it will do until something dumber comes along.

[Update a few minutes later]

Meanwhile, a much smarter take from Sarah Cruddas.

[Monday-morning update]

Aaaaand here’s a rewriting of space history from Jason Rhian. Too busy with conference to fisk it, but it needs it badly.

[Bumped]