Is the TikTok Deal Another Level of Trumpian Corruption?

Threatening China’s ByteDance may have forced a deal that benefits a campaign donor

----- Here’s one more chore that Joe Biden should add to his Day One presidential to-do list: launch an investigation into whether the Trump administration improperly steered the U.S. operations of the world’s hottest new social media platform, TikTok, into the hands of one of his most important supporters, Oracle co-founder ...
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Is the TikTok Deal Another Level of Trumpian Corruption?

We Won’t Have a Truly Global Economy Until We Start Taxing It That Way

Reconstructing our tax system is an integral part of future national industrial policy as we restart the economy

Taxation is one of those areas that exposes the contradictions at the heart of globalization. Globalization of goods has proceeded quickly, as has the harmonization of industrial standards across countries. Harmonization of taxation? Not so easy. The power to tax is the ultimate national prerogative, one that very few sovereign nations would ...
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We Won’t Have a Truly Global Economy Until We Start Taxing It That Way

There’s No “Trade-Off” Between Saving Lives and Saving the Economy

A humane society doesn’t trade some lives for others

Nonsense. In February, when he had a chance to take decisive action to get ahead of the virus, Trump told his advisors not to “do or say anything that would further spook the markets.” Trump’s weeks of downplaying the crisis, and his failure to prepare for the looming pandemic, deepened the problem. But having finally acknowledged the ...
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There’s No “Trade-Off” Between Saving Lives and Saving the Economy