The economists all agree that corporate income taxes cause real problems. They likely have different views on the specific implementation and replacement methods, but the common ground is that corporate taxes cause distortions that are bad for public policy. But, of course, this can't even be discussed because even mentioning it is countered with such revulsion. Everyone feels that "corporations" should pay taxes. But whether you believe a corporation is a person or not, you must realize that it is people that pay the taxes.
We never pretend that property taxes are anything but a tax on the person who owns the property, so why do we pretend that the corporation pays its own taxes?
Economists still debate about who pays how much of the corporate taxes, but most economists believe that the OWNERS of the capital are likely paying less than half. What is generally agreed on is that corporate taxes raise the cost of capital which drives it to non-corporate or tax-exempt sectors. Corporate taxes result in lower rates of return for ALL owners of capital. It discourages corporate structure for no good reason, and it encourages debt (interest payments are deductible) over equity (dividends are not deductible). These are all distortions that do not serve any public policy goals.
However, it's this hidden and misunderstood nature of corporate taxation that makes it so easy to hang onto. If we don't know who's paying it, everyone seems to believe that they aren't paying it and only some rich guy is.
Even the libertarian on the panel reluctantly agreed that fossil fuels should be taxed (his reluctance stemmed from the fact that it should be an international policy to be effective, not a national policy). Fossil fuels already have an incredibly high cost. The problem is that the cost is spread out amongst everyone and only felt over a great amount of time. In the short run, it doesn't make economic sense NOT to pollute.
What's really unfortunate, of course, is that we can't even have reasonable discussions about most of the proposals above.
And from reading the comments, you seem to be absolutely correct. No one seems to even be willing to read beyond the first sentence of the proposal summaries in this article. Y'all should actually listen to the show and get the details instead of the knee-jerk reactions. These are NOT crazy GOP schemes to kill the poor but actually widely viewed problems that most economists across the board agree on. The show itself goes into an in-depth discussion of each of the proposals, but everyone here seems to just want to read the first sentence and shout them down.
In 1971, long before Freakonomics, George Stigler published "The Theory of Economic Regulation" (http://www.jstor.org/stable/10.2307/3003160). In the paper, he measures the level of regulation of competing industries: Rail roads (the large incumbent industry with huge barriers to entry) vs Trucking (an upstart industry in the 1930s with much lower start up costs and no significant barriers to entry). Trucking is mostly regulated by state, so he compares the level of regulation by state and considers other factors.
Would it surprise you to know that weight limits on trucks were correlated with how much rail was already in the state? States with a lot of rail had tighter regulations on trucks. In two states, the weight limit on trucks between two rail stations was more strict than on routes that were not served by rail.
There was also a statistically significant correlation between the level of trucking regulation and the size of the agricultural workforce. The larger the ag industry (which depend on cheap transportation) was, the less onerous the regulations on trucking were.
It's undeniable that trucking must be regulated. Trucks can tear up roads and can be a danger to everyone else on the road. But should the level of regulation really be a function of how strong their competitors are?
To all industries, regulation is an economic service. You may have to pay to avoid or, or you can pay to have it thrust upon your competitors. It's something that you "buy" from the government, and you "buy" it with votes, organization, and campaign contributions. And you can only buy it from a government (the only real natural monopoly).
Since networks like Fox can hold their local channels hostage if Dish doesn't also carry unrelated channels, I don't understand why they don't just add a "no commercial-skip feature on our content" clause to their carrier agreements. Most likely, that would require them to wait until the current agreements expire and they want it stopped before it starts.
However, if they lose this case, they'll almost certainly add those clauses in the future (unless they can get Congress to pass a "no-commercial-skipping" law (probably calling it something like the "Free Television Act").
Wasn't there a president impeached for committing perjury? I seem to remember the far right was very upset about this. It had nothing to do with what he was lying about (which wasn't actually illegal), but lying under oath seemed a very big deal at the time.
I don't think P&T ever truly exposed anyone's secrets. I mean, sure they do Cups & Balls with transparent cups (http://www.youtube.com/watch?v=8osRaFTtgHo), but to say Cups & Balls is really a secret is stretching things.
Why wouldn't he have copyright on his performance?
He may not have copyright on the lyrics or possibly even the video of the performance, but I don't see why he wouldn't have a copyright on his performance itself. If I take video at a concert, the band doesn't suddenly lose their copyright.
Yup, it seems that LS bought spectrum that was specifically licensed for satellite transmissions. That's WHY the spectrum was so cheap. They then ask the FCC if they can use it for terrestrial transmissions. Engineers don't think this is possible, but they offer to let LS prove them wrong. LS develops their tech and, lo and behold, the engineers were right and their tech does interfere.
I mean, even your summary states the facts but adds some weird conclusion: "...green light to launch using their spectrum with one provision - that their network equipment NOT interfere with GPS signals and devices." Later, you say "...not compatible with GPS device use. As such, the FCC has basically rescinded LightSquared's request to launch service..."
They didn't "rescind" the request, the grant was conditional (and they didn't pass the condition). This all sounds very familiar to me. I think the typical conversation goes like this: "No fair, you said I could have dessert!" "But you didn't eat your dinner."
It's not about a "scrappy" player with some amazingly cheap and innovative solution. Their amazing innovation was buying a cheap spectrum. Their problem was that they didn't understand WHY the spectrum was cheap.
We should regret their setbacks the same as we regret the setbacks of a developer who buys swampland in Florida.
The royalty rate is based on the sale (or license) to the retailer (e.g. iTunes). They claim that this is a sale, but it's clearly not. They deliver a single master copy to iTunes who reproduce it on demand for their customers.
But the consumer, however, just downloads a single copy without the same right to duplicate that iTunes had. This looks a lot more like a sale.
Maybe the consumer is just a licensee as well. I think not, but that can at least be reasonably debated. But IF the label is "selling" to iTunes, then there's no way that the consumer is doing anything but buying that same object from iTunes.
I was able to add "A Very Harold & Kumar Christmas" to my saved queue. I thought maybe it's because the article was old, but I found I could even add "Dark Knight Rises" to my queue. That's not even scheduled to be released in theaters until July...
My understanding is that "synchronization rights" are not covered under the standard ASCAP license, so you can't make a video with your ASCAP-licensed music as a soundtrack and then show that video. And that appears to be exactly what they did.
Agreed, and some museums just outright ban photography because too many people don't know how to turn their flash off, so it's just easier ban it entirely. This ban, however, looks like it has nothing to do with that.