There is an opportunity for Europe to lead as a template for a better balance between individual and collective interests. Tax union. Creation of an EU tax authority which will set the Unified Tax Code. Member countries will have representation in the EU tax authority which will set a Tax Benchmark. Member countries which have

US Fiscal Policy The impact of fiscal policy on the US economy itself has unpredictable elements. The current outlook is that the fiscal plan will create more disposable income and allow more consumption and investment and that this is inflationary and pro-growth. However, there are redistributive properties to the fiscal plan that are likely to

Last Tuesday, the FT asked the question “Where will corporate America’s overseas cash pile go?” Excellent question. Until Trump proposed a repatriation tax and lower overseas corporate taxes, the share buyback binge which has propelled the US equity market for the past 7 years was set to peak. Goldman Sachs estimates that the tax holiday will

If in the immediate aftermath of Donald Trump winning the US election, equities had crashed, credit spreads had widened, bonds had sold off, the dollar was strong yet gold had surged. And held on to these trends for more than a day. What would the present look like? The only resemblance to the above scenario

Every so often democracy produces a result that is extreme and polarizing. The personal qualities displayed by Donald Trump were far from desirable or exemplary and his proposed policies appear vague, incomplete or ill-conceived. Yet Trump addresses some deficiencies, even if his remedies may be questionable. While 47% of eligible voters did not vote and