|last edit 1652||days ago|
The average corporate tax rate among 20 competing markets is under 20%, but in the United States this number is 35%.
A 2016 report by Ernst & Young found that a reduction in that rate to the more competitive level of 25% would have "prevented foreign takeovers of 1300 companies". This doesn't even account for the losses attributed to tax inversions;... read more
According to a spokesperson at Canada's largest bank RBC, the current gold price has no legitimate support because they say, it stems from record breaking investor demand in gold ETF 's and a reshuffling of asset positions at Comex. It sounds as if even the bank's are running low on excuses to justify their bearish positions on gold - They say that without a... read more
No Oil Substitutes
Oil and Gas - Despite what many western governments and environmentalists are saying, the world has not moved away from oil. While it is true that many modern vehicles are equipped with hybrid fuel technology, they still depend on gasoline for 80-90% of their fuel needs. Virtually every home built twenty or more years ago is heated... read more