Coppola on the mess in Europe, Kling on basic income
While corporations note that the US tax rate is the highest of industrialized nations at 35 percent, they neglect to mention that between 2008 and 2012 the average large corporation in US paid almost half that rate at 19.9 percent. Erin weighs in. Frances Coppola, associate editor at Pieria and blogger at Coppola Comment, discusses Europe and the UK. Arnold Kling, blogger at AskBlog and adjunct scholar at the Cato Institute, explains the meaning of basic income and gives us his take on whether it’s better than our current unemployment safety net. And in the Big Deal, Erin and Edward Harrison discuss questionable ethics at Uber, privacy and the movement toward end-to end encryption in the internet.
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