They’re at it again, pushing lower company tax as a way to resuscitate the economy.The arguments were well ventilated at the time the government pushed for company tax cuts, failed to get support in the Senate, and then abandoned them in favour of personal income tax cuts in the leadup to the last election, declaring “we’re not coming back to the company tax cuts”.
The coronavirus pandemic and lockdown forced nearly a third of all small businesses in the United States to close. Some have shut down for good – one estimate puts the percentage at almost 2%, or over 100,000 so far.
What if a nuclear device were detonated in an urban area today? Models show that such an event in an urban area in particular will not only destroy the existing public health protections but will, most likely, make it extremely difficult to respond, recover and rehabilitate them.