Is Corporate Tax Reform Possible?

Jan. 28 (Bloomberg) -- Overhauling the tax code is a priority for the business community. But as the fiscal fight in Washington heats up, is the opportunity slipping away? Bloomberg Government Tax Policy Analyst Patrick Driessen and Bloomberg News tax reporter Rich Rubin talk with Peter Cook about the possibilities of an overhaul and the stakes for business.

Japan’s 10-Year Goes Negative
29:55 - The yield on Japan’s benchmark 10-year government bonds fell below zero for the first time, an unprecedented level for a Group-of-Seven economy, as global financial turmoil and the Bank of Japan’s adoption of negative interest rates drive demand for the notes. The 10-year yield has tumbled from 0.22 percent before the BOJ surprised markets with the decision on Jan. 29 to introduce a minus 0.1 percent rate on some of the reserves financial institutions park at the central bank. Berenberg Chief Economist Holger Schmieding discusses with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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