Roy Cordato

Senior Economist and Resident Scholar

Posts by Roy Cordato (page 2)

  • Trade War

    What is being referred to as a “trade war” in the media and by the President is not a trade war at all, but an anti-trade war. If the expression “trade war” has any meaning it refers to the battle among businesses that goes on every day for the hearts,…
    Roy Cordato, March 5, 2018
  • Economic Idiocy Never Goes out of Style

    Yesterday President Trump announced that he would be placing a 25 percent tariff on imported steel and a 10 percent tariff on imported aluminum. The main argument that the administration is using for arranging this wealth transfer from American consumers to the steel and aluminum industries is that imports and…
    Roy Cordato, March 2, 2018
  • Yes, the climate it is a changin’

    Roy Cordato, January 17, 2018
  • A final reflection on SALT deduction repeal

    While I think the Republican tax reform/cut bill is a vast improvement over what we have, the idea that the elimination (mostly) of the SALT deduction benefits people living in lower tax states is false! It simply harms them less.
    Roy Cordato, December 20, 2017
  • What happened when I was interviewed by The Washington Post

    Earlier this week The Washington Post published an article written by a reporter named Todd Frankel, misleadingly titled “What Happened When North Carolina Cut Taxes Like the GOP Plans to for the Country.” I won’t review the article here. You can go to the link above and read it…
    Roy Cordato, December 6, 2017
  • Comparison of House and Senate tax bills–not lookin’ so good

    I just came across this summary/comparison of the House and Senate’s tax reform/cut proposals published by Forbes. It is really quite good on laying out the details in a side by side approach, covering every aspect of the two pieces of legislation. To be quite frank, upon seeing the…
    Roy Cordato, November 28, 2017
  • All electric cargo ship being put to good use

    And the headline reads… China’s first all-electric zero-emissions cargo ship is going to be used to transport coal The vessel, designed for inland waterway transport, will have a pilot shipping voyage next month, and be put into commercial use early next year. It will travel a fixed route on…
    Roy Cordato, November 27, 2017
  • The implication of Heritage Foundation’s position on State and Local Tax Deductibility

    I have made my views on the Republican’s plan to eliminate or partially eliminate the deductibility of state income taxes and property taxes from federal taxable income. My case can be found here and here. This issue paper published by the Heritage Foundation sums up the Republican…
    Roy Cordato, November 8, 2017