The Best Way to Break Up Mega-Corporations: Progressive Taxes

Individual income taxes are very progressive: If you make $50,000/year, you pay 16% in taxes If you make $100,000/year, you pay 22% in taxes If you make $500,000/year, you pay 32% in taxes In contrast, business taxes are completely flat. The federal corporate income tax rate is a flat 21%. Which means that: A small … Continue reading The Best Way to Break Up Mega-Corporations: Progressive Taxes →

GaME On – Big Corporations are Harmful to the Free Market

In past articles, we have discussed how big-corporations, particularly in the financial industry, put at risk our economy and financial system. Recent events around Gamestop trading, have served as a perfect illustration of the risks and dangers inherent to Big Banks. Context: There has recently been a frenzy of trading activity in shares of Gamestop. … Continue reading GaME On – Big Corporations are Harmful to the Free Market →