By Jeff Ferry, CPA Chief Economist

For the past year, tempers and words have been heating up in an international war over corporate taxation. France raised the heat in the battle last year, when it announced it would levy a tax on the corporate profits of a small number of...

Paul Wellborn is the president of the largest family-owned cabinet manufacturing company in the United States. And as he sees it, the Trump Administration’s China tariffs are working.

The Organization for Economic Cooperation and Development (OECD) has proposed significant changes to the global tax system to combat profit shifting. The Coalition for a Prosperous America supports a much simpler, better, and fairer solution: Sales Factor Apportionment. The following submission was sent to the OECD on November 11th, 2019...

By Jeff Ferry, CPA Chief Economist

On October 25^th, America’s largest steelmaker Nucor opened a new steel mill in Hickman, Arkansas.

By John R. Hansen, CPA Advisory Board 

Executive Summary

America's trade deficits, which are caused primarily by America's overvalued dollar, are eroding the American Dream of sustainably growing and equitably shared prosperity for all. By making American goods too expensive to compete with foreign goods in domestic and export markets,...

By Steven L. Byers, PhD, CPA Senior Economist

The US trade deficit in goods and services for September 2019 fell 4.7 percent or $2.6 billion, to $52.5 billion, as imports declined more than exports.

Many in Washington look at the Organization for Economic Cooperation and Development (OECD) in Paris to help with pressing business concerns in the global community. And recently, the OECD promised to tackle cumbersome issues related to international corporate taxation. Unfortunately, it appears that the OECD isn’t positioned to provide...

By Jeff Ferry and Steven Byers

The US goods deficit with the European Union (EU) is on track to triple in a decade.

Overall trade deficit on track to exceed 2018 total, but China deficit narrowing

By Steven L. Byers, PhD, CPA Senior Economist

The US trade deficit in goods and services increased by 1.6 percent in August, to $54.9 billion, up $0.9 billion from...

After an initial review of the various 2020 Democratic presidential contenders’ tax proposals, the CPA tax committee noted a lack of progress on corporate tax reform. Committee members subsequently voted on the remaining corporate tax proposals.

By David Morse, Tax Policy Director

By Jeff Ferry, CPA Chief Economist

On Sept. 23^rd, Apple announced that its Mac Pro computer will continue to be manufactured in Texas, rather than China, Taiwan, or southeast Asia, as the company was previously planning. The Mac Pro is currently the only Apple product assembled in the United...

Goods deficit with China declines 10% from last year

By Steven L. Byers, PhD, CPA Senior Economist

The US trade deficit in goods and services for July 2019 decreased by 2.7 percent, to $54.0 billion, down $0.2 billion from $55.5 billion (revised) in June. 

By Jeff Ferry, CPA Chief Economist

In his recent article, How Not to Restore American Industry, commentator David P. Goldman criticizes the Baldwin-Hawley bill, also known as the Competitive Dollar for Jobs and Prosperity Act, which was introduced into the Senate earlier this month.  The bill would provide the...

By Steven L. Byers, PhD

U.S. Senators Tammy Baldwin (D-WI) and Josh Hawley (R-MO) recently introduced a bipartisan bill (Senate Bill S.2357) to realign the US dollar exchange rate to make U.S. exports more competitive, boost American manufacturers and farmers, and reduce our trade deficit. The Competitive Dollar for Jobs...