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Luke Sharrett for The New York Times
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Illustration by Aaron Krolik
Can Trump and Congress Solve the Rubik’s Cube of Tax Reform?
As Congress and the Trump administration turn their sights on overhauling the tax code, it’s a good time to think about the great three-dimensional brain twister of the 1980s, the Rubik’s Cube. That’s partly because the first and last time there was a comprehensive...Caption:
U.S. 100 dollar notes are seen at a bank in this picture illustration in Seoul September 20, 2011. REUTERS/Lee Jae-Won
Tax Overhaul Great in Theory. Here’s Why It’s So Hard in Practice
New York- House Republicans have an ambitious plan for overhauling the way American businesses are taxed. A short list of the plan’s potential benefits looks awesome: It would give companies more incentive to keep jobs in the United States, less to overextend...Caption:
Pedestrians walk on a street in front of the Bank of Japan headquarters in Tokyo, Japan, July 15, 2015. REUTERS/Yuya Shino
Helicopter Money: Why Some Economists Are Talking About Dropping Money from the Sky
For years, central banks have been doing everything they can think of to try to get higher inflation and stronger growth. The next step just may be a metaphorical helicopter, high above Tokyo. The Bank of Japan met Friday to decide on the next steps in its long battle...Caption:
Janet Yellen of the Federal Reserve during a June news conference, as reflected in a specialist’s screen on the floor of the New York Stock Exchange. CreditRichard Drew/Associated Press