NYTimes reports that one-time bonuses are the preferred pay strategy vs pay raises.Mysteriously the Times leaves out the role of unions and the long-term fall in unionization rates in the private sector in the US.
We are hearing from Republicans that American corporate tax rates are the highest in the world. The tax rate on the books is in fact higher than most. But, the amount of taxes paid by American corporations is not. It is inline with other wealthy countries.
Report from Economic Innovation Group shows that US economy is becoming less dynamic and more focused around a few geographic regions. Recovery from Great 2008-09 Recession accelerated this process.
