The current climate-change crisis demands attention and the public is looking to policy makers to make a move. With a variety of advantages and disadvantages to consider, the debate for policy tools has run long.
The Russian economy has taken a massive hit as sanctions bite. The effects – both ongoing and soon-to-be – will create chaos within the previously strong-standing society. The country, now being cut off by neighbors and pressured into inescapable stalemates, has introduced new policies detrimental to the Russian people and business. Read on to learn more about the effects of sanctions and to review excerpts of an exclusive BRB interview with a Russian business owner.
Tapering – the end of quantitative easing – has finally arrived, bringing an epilogue to the era of cheap money. How will tapering impact the economy, and what does it mean for the common public? In this article, Financial Literacy columnist Bradley Tian examines the working and implications of the tapering process.
The Northeast Corridor serves 17% of the US population, but covers 2% of the land in the US. In a 2014 report by Amtrak, the Northeast Corridor helps support the education and powerhouses that are located in the area. The train is competitive because it connects multiple affluent urban areas within a short distance of each other. From a passenger’s standpoint, the travel time and costs are comparable to driving or flying. Through price discrimination, Amtrak is able to charge higher prices for the consumer.
States have a tax problem. The most consistently profitable companies in the Fortune 500 only pay about half the statutory federal income tax rate—a fourth pay less than 10 percent. Some even get refunds from Uncle Sam—despite making over $160 billion in pre-tax profits, an astounding 30 companies have enjoyed a negative income tax rate in the past three years.