How much do corporate taxes actually bring in around the world?

At the request of several commenters to my post on how U.S. corporate tax rates compare internationally (they’re really high), I have now dug out the OECD’s estimates of the taxes corporations actually paid, as a share of GDP, in 2005. As best I can tell, you have to pay money to the OECD or [...]

It’s not a subprime meltdown, it’s a badly managed hedge fund

Calculated Risk, a really smart financial blog that because I’m a navel-gazing MSMer I only read for the first time last week, had a post over the weekend (link via Barry Ritholtz) mocking the New York Times for explaining away Bear Stearns’ hedge fund problems as “fallout from loose lending practices that showered money on [...]