Tax code

Does the US tax code promote automation?

The U.S. tax code consistently favors investments in robots and software over investments in people, suggests a paper to be discussed at the Brookings Papers on Economic Activity conference on March 19. The result is excessive automation that destroys jobs while only marginally improving efficiency. The paper-Does the US tax code promote automation by Daron […]

Tax laws

Tax laws provide protections and deductions for seniors

My friends, I have read a lot about the coronavirus. Apparently it was spreading in a Washington state nursing home with fatal consequences. We are told that most people will overcome the disease, but our elders are the most vulnerable. Apparently, it’s not so deadly with our children. And if they do catch the virus, […]