President Trump’s tax reform proposal seeks to lower the federal income-tax rate to 20% from the current 35%. This massive tax cut is supply side economics put into practice. Please review this lesson on microeconomics and taxation here. Large multinational corporations hold a lot of cash overseas because bringing that money to the US would Read More »
Tag: Caterpillar Inc.
Before you dismiss this as just another gold/silver bug predicting gloom and doom so that they can profit, consider Caterpillar’s recent announcement that they are closing their Chicago plant and cutting 800 jobs along with it. Caterpillar make’s large construction equipment and they’ve been struggling for a few years now. How can the companies that Read More »