Last week, we all got a refresher on the problems with capitalist markets in pharmaceuticals. Martin Skhreli raised the cost of an HIV drug by 5000 percent, causing an outrage.
Marshall Steinbaum has a very useful overview of a major problem that we don't talk about enough--the hidden and therefore untaxed wealth of corporations. But if the economics is so.
Honeywell CEO David Cote, when he asked what he thought the corporate tax rate should be answered, "zero." Why? "But at the the end of the day, jobs come from.
