In 2009 when my colleagues at the National Bureau of Economic Research and I began planning a conference for a project we’re running on the global financial crisis, we were concerned that the material would no longer be timely when the symposium actually occurred. We needn’t have worried. I’ve just returned from Washington, DC, where […]
Tag Archives: White House Council of Economic Advisors
Kristin Forbes: Economists must bridge disciplines to find answers to financial crises
Kristin Forbes among five leaders sharing ideas for creating jobs and reforming taxes
From the Boston Globe My top priority if I was in charge: fundamental tax reform for individuals as well as consumers. Get rid of all the numerous deductions, exemptions, and special deals so that you could dramatically lower marginal tax rates while raising as much (if not more) money. This would make our economy more […]
The U.S. needs an overhaul of the corporate tax system, not a temporary tax break
Today U.S. multinationals have more cash stashed overseas than ever before –according to several estimates, companies have more than $1 trillion in profits squirreled away in foreign subsidiaries. Many of the companies with the most money abroad – including powerhouses from Apple to Google to Pfizer – say they’d like to bring a large portion […]