Man receives $1 million tax return

Man receives $1 million tax return

By falsely claiming he had withheld $1 million in taxes, a Tampa man was able to fraudulently recieve a check for $980 million from the IRS. This article from CNBC explains that by grossly over reporting on his taxes, Ramon Christopher Blanchett was able to receive...
Most Americans support “ultramillionare” tax

Most Americans support “ultramillionare” tax

The majority of Americans think that the wealthiest among us aren’t taxed at a high enough rate. A recent poll from FiveThirtyEight shows that 62% of americans believe that the wealthy aren’t taxed enough. Proposals like Elizabeth Warren’s wealth tax...
Economic Impacts of Climate Change

Economic Impacts of Climate Change

What would happen if all the natural disasters the world has experienced over the past few decades all happened at the same time? This Bloomberg article explores the global impacts of these events and addresses crises that have already happened because of weather...
Revision of China Patent Law Lauded

Revision of China Patent Law Lauded

China is drafting a new patent law that raises the penalty cost of violating patent laws. The goal of the law is to encourage innovation. This article raises the important question of how strong patent laws should be to encourage innovation while still allowing enough...
Trade Tariffs Double: Growth Slows Down

Trade Tariffs Double: Growth Slows Down

Over the past two years, the President has doubled U.S. tariffs. Not surprisingly, trade partners have volleyed back with tariffs of their own, putting a damper on growth by nearly 2 percentage points in the third quarter, a rollback of potential growth that could...
The Impacts of A Government Shutdown Loom Large

The Impacts of A Government Shutdown Loom Large

  The federal government shutdown has significant implications for the US economy. Although short-term shutdowns have little impact, this shutdown is one of the longest in US history. US economy growth projections were already lower for the first quarter of 2019,...