By Daniel Brouse August 2, 2024 “Whereof one cannot speak, thereof one must be silent.” — Ludwig Wittgenstein For decades, I have been actively involved in promoting the education of world economics. In recent years, I’ve observed a troubling phenomenon: certain segments of the population appear resistant to educational outreach, a condition that seems to […]
Category Archives: taxes
Economics: The Impact of Hate on Political Perspectives and Social Cohesion
Wealth Taxes Are Illogical
By Daniel Brouse July 30, 2024 There are numerous reasons why a wealth tax can be a self-defeating fiasco, and the case of taxing someone like Elon Musk vividly illustrates this. A wealth tax on high-net-worth individuals could create a complex and problematic feedback loop involving the sale of Tesla stock and the associated capital […]
Disadvantages of High Income Taxes
By Daniel Brouse June 18, 2024 The most significant problem with high income tax rates is that government spending is often inefficient and non-productive. When the government collects more revenue through high taxes, it doesn’t necessarily lead to better outcomes. Instead, it can result in wasteful spending, bureaucratic inefficiencies, and poorly managed projects. For instance, […]
Economic Facts on Immigration, Budget Deficits and Inflation
The two major contributors to today’s inflation that a President can influence are insufficient immigration and federal budget deficits. Both Trump and Biden administrations have played significant roles in these issues. Through May of 2024, average hourly wage growth has exceeded inflation for 12 straight months. Economic Facts on Inflation and Wage Inflation Current Impacts […]
Climate Change Impacts on Flood Risks and Real Estate Values
by Daniel Brouse and Sidd Mukherjee February 26, 2023 Climate change poses many risks to real estate values. In general, as energy is added to a system, the fluctuations in the system increase. So, we expect more storms, more droughts, more wildfires, more floods, more fluctuations of all kinds. What we are saying is that […]
Daniel Brouse: About the Author
Q: Any background on membrane .com? A: In 1994, I started a publishing company with another scientist (low temperature physicist and co-builder of the Ohio States supercomputer). The name of the publishing company is The Philadelphia Spirit Experiment. As the name suggests, it is a scientific experiment in the publishing of arts and science. At […]
The Hijacking of the Republican Party
Leading up to the Presidential election of 2016, it was obvious the Trump campaign had made a dirty deal with some Russians; however, it was less obvious the deal Trump made with the devil — Evangelical Christians. In June of 2016, Trump met with several hundred evangelical leaders in New York City. He agreed to […]
Music Modernization Act
by Daniel Brouse For years, the music moguls, executives, record companies and other middlemen in music have been trying to pass this law – MMA The new law creates a “modern” music management company [Collective Management Organization (CMO)] staffed mainly by existing music management. All artists must pay the new entity. The new law also […]
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?) […]
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 […]