Episode 406: Arnie Arnesen Attitude February 20 2024
Manage episode 402020976 series 3371230
Part 1:
We talk with Prof. Timothy Lytton, of Georgia State University about the lawsuit that Mexico is filing against US manufacturers of guns. Guns are being exported to Mexico in great numbers from the US. These guns are modified in various ways to make them attractive to unlawful users: easy conversion to automatic mode, high capacity magazines, removable serial numbers, etc. Mexico has stricter gun laws than the US. It will be interesting to see how this will resolve, and how this may affect US entities who want to sue gun manufacturers.
Part 2:
We speak with Bob Lord, Tax Advisor to Patriotic Millionaires.
We discuss the corporate tax breaks granted in the new bill just passed, supposedly to help struggling families. Instead, almost al benefits are going to wealthy individuals and corporations. We discuss corporate effective tax rates, and how they compare with worker tax rates. Corporate effective tax rates are about 7.8%, while worker effective tax rates are 20%. We discuss details of this, and how this plays out. We also cover benefits to foreign investors.
WNHNFM.ORG production
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