Category Archives: taxes

Protectionism: The Costs and Benefits of Trade Wars

by Daniel Brouse Protectionism is the theory or practice of shielding a country’s domestic industries from foreign competition by restricting imports. There are no known benefits to protectionism. The costs of protectionism include being financially destructive, negatively impacting health and wellness, as well as, causing death. (also see: Trade War! What Is It Good For?) […]

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US Corporate Taxes

By Daniel Brouse The United States is the only country that taxes domestic corporations on their worldwide income at the federal and state levels. “The IRS reminds you to report your worldwide income on your U.S. tax returns.” The United States has the highest corporate tax rate in the world. Federal tax rates on corporate […]

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The Panama Papers

By Daniel Brouse The Panama Papers is the name being attached to the world’s largest data breach. A Panama law firm known for offshore business structures had 11,000,000 files stolen. Most of the activities did not take place in Panama, so the name is a bit misleading. Most of the transactions took place in territories, […]

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The FED (Federal Reserve Bank)

by Daniel Brouse The FED tries to control our spending… and that ain’t easy. It seems to happen around election time — all these wacky posts about the FED. (Luckily, I’ve a degree in international economics for just such an occasion.) If you are posting about the FED, please remember these facts: * The FED […]

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Trans-Pacific Partnership Agreement (TPP)

by Daniel Brouse The Trans-Pacific Partnership Agreement (TPP) is a free trade agreement being negotiated by twelve countries: Australia, Canada, Japan, Malaysia, Mexico, Peru, United States, Vietnam, Chile, Brunei, Singapore, and New Zealand. The TPP will eliminate over 18,000 taxes, tariffs and other trade barriers. One of the largest benefits of the TPP will be […]

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Top Myths Busted

by Daniel Brouse 1. GMO Foods Are Bad 2. Sandy Hook Was a Drill 3. 9/11 Was a Government Conspiracy 4. Contrails Contain Chemicals (Chemtrails) 5. [Request your myth to be busted.] 1. GMO Foods Are Bad Humans have been genetically modifying foods for thousands of years. There is no evidence that eating GMO food […]

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First Global Pollution Tax

The United Nations’ aviation agency (International Civil Aviation Organization) approved the initial steps in implementing a worldwide tax on greenhouse gas emissions from airplanes. If the proposal gets accepted, it would take effect in 2022. The European Union had been seeking a more robust agreement: “While we would have liked more countries to accept our […]

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Are Bio-fuels Worse for the Environment?

by Daniel Brouse The Membrane Domain Q: Are bio-fuels, ethanol, and re-cycled restaurant oils worse for the environment? A: Yes. The more volatile nature and ozone emissions used as a fossil fuel substitute appear to be much more harmful to the environment than fossil fuels.  Though fossil fuels need to be eliminated as soon as […]

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Just Say No To Taxes

by Daniel Brouse I suggested that there should be little (to no) taxes. You responded: How does any of this function without taxation…? I would like to know your thinking on this… it doesn’t seem to be working now and sure doesn’t favor poor to middle class… but I think this is too long to […]

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