What We Read Today 10 April 2014

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary “reading list” which will include very brief summaries of why each item has gotten our attention. Suggestions from readers for “reading list” items are gratefully reviewed, although sometimes space limits the number included.

• Could The Fair Tax Movement Ever Replace The IRS? (Mark P. Cussen, Investopedia) A continuation of the “mini-article” length discussion ‘behind the wall’ yesterday.  This article discusses aspects not covered yesterday but is in agreement about some of the regressive taxation characteristics of taxing consumption rather than income.

• U.S. Tries Candor to Assure China on Cyberattacks (David E. Sanger, New York Times) The U.S. has been forthcoming in revealing that they will increase the number of cyber warriors in the U.S. to 6,000. China has not reciprocated. See next article.

• U.S.-China differences are clear even as Hagel stresses cooperation in Beijing visit (Ernesto Londono, The Washington Post) See also previous article.

Near a banner offering him a “warm welcome,” Defense Secretary Chuck Hagel urged officers at China’s premier military university to work toward a new era of cooperation between the world’s top military rivals.

But during his first trip to China as Pentagon chief, icy body language and barbs telegraphed a relationship utterly devoid of warmth and very much saddled by suspicion.

• Baby Charged With Attempted Murder, Goes Into Hiding in Pakistan (NBC News) Another thing that can’t be real. But it is!!!

Today there are 14 more articles discussed ‘behind the wall’. Eight of the articles are on investing topics.

Please support all that we do at Global Economic Intersection with a subscription to our premium content ‘behind the wall’.

You get a full year for only $25.