In this economy, a college education is more important than ever: The unemployment rate for college graduates is 3.8 percent, compared to 7.8 percent for everyone else. Yet, the exploding costs of education are causing some students to graduate with heavy debt burdens.
Author Archives: Bob Pozen
4 Simple Ways to Maximize Productivity on the Road [Lifehack]
Despite the endless predictions that business travel will become “obsolete,” spending on business travel has just climbed to an all-time high according to Oxford Economics. Since business travel doesn’t appear to be going away anytime soon, what steps should you take to maximize your productivity on the road?
Here are my four top tips for effective business travel:
Hey perfectionists, here’s why B+ work is sometimes acceptable [Video: Morning Joe]
This morning, I discussed Extreme Productivity with Joe Scarborough and the gang on Morning Joe.
Visit NBCNews.com for breaking news, world news, and news about the economy
US tax reform: Reducing the tax code’s bias for debt [International Tax Review]
A Win-Win: Compromise on Foreign Profits [Brookings UpFront]
In last year’s State of the Union, President Obama argued in favor of reforming how the U.S. taxes the foreign profits of U.S. corporations: “From now on, every multinational company should have to pay a basic minimum tax.” While an international minimum tax is a sound idea, it should be part of a broader effort to fix our dysfunctional system for taxing foreign profits.
35% Is Way Too High For Corporate Taxes [Real Clear Markets]
If there’s one policy agreement between Republicans and Democrats, it’s that the 35% corporate tax rate in the United States should be reduced to 28% or 25%. The current rate, highest in the advanced industrial world, disincentivizes investment and encourages corporations to relocate overseas.
How to slash the US corporate tax rate [Financial Times]
Both Republicans and Democrats agree that the 35 per cent corporate tax rate in the US is too high. Yet discussions over the corporate tax fizzled out during the recent fiscal cliff negotiations, partially because of the budgetary maths. Neither party has identified enough revenue increases to offset the $1.2tn cost over 10 years of lowering the corporate tax rate to a more reasonable 25 per cent.