David Malpass
David Malpass
David R. Malpassis an American economist and also ran in the 2010 Republican primary for U.S. Senate in New York. He is the founder and president of Encima Global LLC, an economic research and consulting firm based in New York City. He served as Deputy Assistant Treasury Secretary under President Ronald Reagan, Deputy Assistant Secretary of State under President George H. W. Bush, and Chief Economist at Bear Stearns...
NationalityAmerican
ProfessionEconomist
Date of Birth8 March 1956
CountryUnited States of America
Earnings of corporations are going to be under more and more pressure.
It's not coincidence that the U.S. is in last place in the world in terms of corporate tax rate. It's because our system is set up to block tax reform.
When Congress legislates in haste, it often causes more problems than it solves. But Congress rarely reconsiders its mistakes.
What you have been seeing over the last year is the policy of Jiang Zemin, not Deng Xiaoping.