Author: David Rabinovici

Barack Obama has been proposing corporate tax reform for a few years now.1 Democrats and Republicans agree that corporate tax reform is needed, but Democrats are reluctant to lower the rate without removing tax breaks and Republicans do not want the tax breaks to end. Washington is not moving quickly, if at all. The House…

The classic definition of a pyramid scheme is a business model which attempts to make money solely by recruiting new participants into the program. Pyramid schemes usually promise astronomical returns within a short period of time. Members are generally required to hand over money at the initial sign-up stage. In return, members receive the opportunity…