Tuesday, August 19, 2014

Today On The Michelangelo Signorile Show!

3:35pm ET - For years, the CEO’s of America’s largest corporations have complained about the United States’ corporate tax code, saying that it is complicated and that the rates are too high.  In recent months the issue has come to the forefront as more and more large American companies have sought to buy smaller foreign rivals so they can renounce their United States corporate citizenship and reincorporate overseas to lower their tax bills.  These corporations argue that this move known as inversion, is necessary if they wish to stay competitive with foreign companies who enjoy lower rates overseas, but according to Edward D. Kleinbard, a professor at the Gould School of Law at the University of Southern California and a former chief of staff to the Congressional Joint Committee on Taxation, the opposite is true.  He joins us today to discuss his most recent paper titled “Competitiveness” Has Nothing to Do With It, and explain how despite the claims of over taxation by American corporations, the US tax code is in fact much easier on their bottom line then they want you to believe.   Edward is also the author of the forth coming book We Are Better Than This: How Government Should Spend Our Money

4:35pm ET - The higher education experience in the future may no longer include ivy-covered libraries, large lectures filled with awkward silences, and even school-spirited college sports. The Minerva Project, a for-profit start-up university, says they are using the “science of learning to strip the college experience down to its core.” Students will participate in the small and focused online seminars that are designed to direct students’ maximum attention towards learning and participation. Joining us today to discuss The Minerva Project is Graeme Wood of The Atlantic who experienced its education model – still in its early stages – first hand. you can also follow Graeme on twitter.

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