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Justin Fox

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As seen in: Bloomberg Opinion, CNN, CNN Business, Medium, MSN, The New York Times, Bloomberg Businessweek, Bloomberg News, Financial Times, Forbes, MSN South Africa and
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Articles

How to Make Corporate Income Taxes Work for America Again

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By Justin Fox Verified
| Financial Advisor Verified
Since the 2025 budget law, aka the One Big Beautiful Bill Act, was enacted, US corporate income tax revenue has fallen 28%. This was an expected consequence of the law’s provisions that allow businesses to fully expense spending on research and development, equipment and some other investments rather than writing them off over several years, and it will be reversed to some extent as those write-offs aren’t taken on future tax returns.
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Labor Force Participation Is High If You Measure It Right

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By Justin Fox Verified
| Financial Advisor Verified
Labor force participation in the U.S., when adjusted for the age structure of the population, has never been higher than over the past two years. So why all the concern lately about how low it is? The simple answer is that age-adjusted labor force participation is not a statistic on offer from the U.S. Bureau of Labor Statistics, and the unadjusted rate is currently the lowest it has been—Covid-19 pandemic excluded—in 50 years.
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Americans Are Done With Being Put In Racial Boxes

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By Justin Fox Verified
| Financial Advisor Verified
The 2020 U.S. Census experienced a sharp rise in the number and share of Americans who identified as being of two or more races, a development chalked up partly to demographic change and partly to changes in how the questionnaire was worded and answers tabulated. There were 33.8 million such people in 2020—10.2% of the population—up from 9 million and 2.9% in 2010.
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