Category Archives: Tax Cuts

Gordon V Jackson: the corporate tax cut myth

Posted on January 31, 2012 by

Apparently Stephen Gordon is having a hard time figuring out where Andrew Jackson, the chief economist for the CLC, got the bizarre idea that: The argument for corporate income tax cuts has been that increased after-tax corporate profits would be … Continue reading →

Posted in Austerity, Budgets, Canadian economy, corporate taxes, economic crisis, investment, liberal economic theory, Neoliberalism, Tax Cuts, unemployment | 1 Comment

The irony of greed: The end game for Neoliberalism?

Posted on September 6, 2011 by

The global economy is in the toilet and the Boomers’ representatives are chanting: “flush, flush, flush.”  Me? I am eating cigarettes and wine while admiring the remarkable consistency in the myopia of all of it. In the name of fiscal … Continue reading →

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Further evidence that canadian capitalist prefer tax scams over productivity

Posted on March 14, 2011 by

What do Canadian businesses do with the money they receive in tax cuts. Well partially, pace this article in the Globe and Mail, they engage in elaborate schemes to defraud revenue Canada.

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Lifetime investment hypothesis

Posted on February 3, 2011 by

Last odd thought before sleep.  What if we think of investment as a lifetime investment function akin to the lifetime incomes hypothesis?  How would that change the standard view on corporate income tax and investment rates? Let us assume that … Continue reading →

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Understanding Corporate Tax Cuts: embracing conventional wisdom and coming to radical conclusions

Posted on February 1, 2011 by
neoliberalism Diagram

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Warning this post contains scenes of graphic illustration, it is not intended for short attention spans or people who can not locate coordinates in two dimensional space.  Viewer patience is therefore highly advised. The debate on corporate income taxes brings … Continue reading →

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Corproate tax cuts : And I say unto thee go sell it on the mountain

Posted on January 26, 2011 by

I think the conservative attempt to sell CIT cuts as a jobs programme for today is the dumbest thing since the Cabbage Patch Kid Doll. And I think the CME and C.D Howe and Jack Mintz lining up to buy … Continue reading →

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The 1/10th of 1 Percent Solution: Corprorate Tax Cuts, Investment and Jobs

Posted on January 25, 2011 by

Yesterday I was consumed by the demand side (Krugman and Rowe are late to the party) today I am consumed by the headline grabbing supply siders supply sider Jack the rain-maker Mintz. The FP quotes Jack Mintz quoting Jack Mintz. … Continue reading →

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Flaherty`s Flatulence is no Laffering Matter: The Revenge of Zombie Gas Coming to an Election Near You

Posted on January 17, 2011 by

I am not going to spend much time dissecting the claims made by the Finance Minister in the block quote below. Indeed over at the PEF both Erin Weir and Andrew Jackson have pointed out the myriad of ways in … Continue reading →

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More evidence that orthdox economic ideas and politics do not mix

Posted on November 3, 2010 by

Case in point: Gordon Campbell. Yep that is what Gordon following the Gordon gets.

Posted in Canadian Politics, Neoclassical, Tax Cuts | Leave a comment

Mankiw was right, incentives do matter

Posted on October 16, 2010 by

It turns out that Greg Mankiw perhaps was *mostly* right: incentives do matter. To understand to what extent and how far my dear readers you will have to do three things. First you will have to read Mankiws original article … Continue reading →

Posted in Class War, Free Markets, liberal economic theory, Neoclassical, political humour, Price Mechanism, Tax Cuts | 1 Comment