The World Trade Organization’s ruling on U.S. tariffs on steel imports was, to put it politely, “not unexpected.” That is another way of saying that anyone familiar with rules embodied in treaties our country voluntarily signed knew from the outset…
Internet tax issues tangled
Ask people if we should tax the Internet and you get very negative responses. Ask if Internet businesses should get special exemptions from the taxes that competitors pay and the responses are less one-sided and adamant. Questions of taxation and…
New lesson in budget balancing during the doldrums
Is it prudent to do something stupid just because you promised you would? What if the stupid act was something that you committed to as part of a group and others in the group have already kept their commitment? This…
Fund news eclipses GDP
Much high-profile economic news has occurred recently, most notably an advance estimate released last Friday that the U.S. gross domestic product grew at an annual rate of 7.2 percent in the third quarter. In addition, every day brings more news…