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Workers of the world, back corporate tax cuts
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2017-10-17 09:02:28
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}A daily digest of opinions and analysisSlashing Corporate Taxes Isn't Just a Giveaway to the RichSure, they make an appealing target for populist rage, but corporate tax cuts would benefit American workers quite a bit. Noah Smith explains why the Trump administration gets this one right.Echoes of the Stock-Market Crash of 1987This week marks the 30th anniversary of Black Monday, and while most parallels between then and now are a stretch, there are intriguing similarities. Barry Ritholtz considers the lessons today's investors should (and shouldn't) take away from the debacle. Trump Might Actually Wreck Nafta; Believe HimNafta negotiations resumed last week, and the U.S. is proposing several changes that could have devastating consequences. The Bloomberg View editorial board warns that a trade pact that's served U.S. interests for years is now in grave jeopardy.The Census Is Worth More Than a Big MacThe secretary of commerce is asking Congress for $15.6 billion for the 2020 census, which works out to about $4.80 per person per year. Megan McArdle says it's well worth the price — especially when you consider the costs of a shoddy tally.Ritholtz's ReadsIs BlackRock the Amazon.com of investing? (Bloomberg Gadfly)Does Monet beat the Dow? How artworks perform as an investment (Bloomberg)Why surge prices make us so mad: What Springsteen, Home Depot and a Nobel-winner know (Upshot)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg GadflyNo early Christmas for NordstromThe bonds that tie shale to KurdistanEuropean discounters are coming for U.S. retail(Read more from BV's sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe
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