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Well, consider regulatory capture. In such an environment your view is incorrect. I believe we are in such an environment.
by yequalsx 11y ago
Well, consider regulatory capture. In such an environment your view is incorrect. I believe we are in such an environment.
- Alupis 11y ago> regulatory capture ... I believe we are in such an environment I think we'll have to disagree on this. I don't see any signs or evidence that Boston politicians are cozying up with GE executives for kick-backs and what-not.
- yequalsx 11y agoI don't either. I do see evidence of business interests ensuring that the effective tax rate on corporate profits is quite a bit lower than the nominal rate and that this fact will not change regardless of voter preferences.