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Fact-checking Donald Trump’s first presidential address to Congress

Highlights from Donald Trump’s first speech to Congress. Jobs, taxes and business “Since my election, Ford, Fiat Chrysler, General Motors, Sprint, Softbank, Lockheed, Wal Mart, and many others have announced they will invest billions and billions of dollars in the United States and will create tens of thousands of new American jobs.” Some of these […]

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How Donald Trump is changing the rules for American business

HIS inauguration is still six weeks away but Donald Trump has already sent shock waves through American business. Chief executives—and their companies’ shareholders—are giddy at the president-elect’s promises to slash burdensome regulation, cut taxes and boost the economy with infrastructure spending. Blue-collar workers are cock-a-hoop at his willingness to bully firms into saving their jobs. […]

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U.S. political debate stuck in the past.

Excerpts from an article by Chrystia Freeland in the Globe & Mail. In choosing Paul Ryan as his running mate, Republican presidential contender Mitt Romney swapped his Massachusetts pragmatism for a proudly ideological commitment to limited government. The Democrats, by contrast, believe in the essential role government plays, and are willing to raise taxes, at […]

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Tax comparisons; rate, number of payments, hours needed to comply

The Globe and Mail “Report On Business” magazine for this month is sitting on my desk. I love this magazine, not only for the articles but also for its style. One item that caught my eye was a very well designed graph on page 11, under the title “The taxman cometh”, which outlines annual corporate […]