James B. Stewart Quotes
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Many people in London - and in the rest of Europe - view giant American technology companies, and Uber in particular, with intense suspicion and resentment.
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Mr. Trump's election has caused a tectonic shift in advertising - just as it has in media more generally - and themes that might have once seemed innocuous or patriotic have suddenly become politically charged, controversial, and divisive.
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Various justifications for lower capital-gains rates have been proffered over the years, none of them self-evident. But even conceding the wisdom of lower capital-gains rates, why should they never be taxed at all, even as they are passed from generation to generation?
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Comparing the Trump administration to the Nazis may be a stretch, but many business leaders are concerned that stirring up deep-seated racial and nationalist animosities could be destabilizing, leading to riots, property damage and widespread civil unrest reminiscent of the late 1960s.
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President Trump named Rand his favorite writer and 'The Fountainhead' his favorite novel.
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The idea that content is king has long rested on the notion that distribution - in whatever form it takes - is a low-margin commodity, and the biggest share of profits flows to the creators of original programming, who can sell to the highest bidder.
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The biggest revenue target is the preferential rate for long-term capital gains, which raises a perennial question: Why should capital income be taxed at a much lower rate than ordinary income? Capital assets are owned overwhelmingly by the rich.
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The A.M.T. is much reviled by tax experts across the political spectrum for its unintended consequences and fiendish complexity.
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There's no question that the Internet generally, and Netflix specifically, upended the traditional content-distribution supply chain and caused profound changes in the entertainment industry.
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Amazon deliberately provides cafeteria space for only a third of its employees, which encourages people to venture out of the office.
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Earning high returns isn't just a matter of bragging rights - endowment income supports the missions of nonprofit institutions, whether education, as with college and universities, or broader social programs, as at many private foundations.
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For every Tesla or Uber, there's a Valeant Pharmaceuticals or Theranos - two story stocks that seduced an astounding array of prominent investors and supporters based on stories that did turn out to be too good to be true.
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From what little is known of Mr. Trump's tax returns, he used losses to offset virtually all of his taxable income for years by generating something called net operating loss carry-overs.
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While there continue to be critics of the Comcast-NBC merger, it's hard to argue that competition in news and entertainment has diminished as a result, given the rise of Netflix and Amazon and the explosion in entertainment options that followed the merger.
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The appreciation of capital assets is already taxed at an extremely favorable rate compared to labor. That's why the rich pay such a low effective tax rate no matter what their marginal tax bracket.
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Under Armour's success depends in part on endorsements from celebrity athletes, many of whom - like Stephen Curry, the basketball star - are African-American.
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Tax reform advocates generally agree that a fair code shouldn't single out certain groups for favorable treatment at the expense of others.
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It's often said that the most important qualities in a chief executive are character and judgment.
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Mr. Trump had no political or military experience, the traditional routes to high political office. Virtually his only qualification was his business career, and a checkered one at that, considering his own brush with personal bankruptcy.
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A major way that losses are generated in real estate ventures is through depreciation, which is supposed to reflect the way that assets lose value over time. But a well-maintained building typically gains value.
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Most European countries fund their low corporate taxes with some form of a value-added tax, on consumption rather than income.
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Cadillacs have been used by every president since Woodrow Wilson.
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Mr. Trump has said he strongly supports immediate expensing of capital expenditures, which many economists agree would encourage growth.
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The rationale for eliminating the alternative minimum tax is that such a backup system should not be necessary if the tax code is fundamentally fair and eliminates all the loopholes that made it possible for high-income taxpayers to escape taxation in the first place.