Frederick Hess, a professor at the University of Virginia, has written a paper for the Progressive Policy Institute arguing that teacher-licensing ought to be stripped to the bare essentials.

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The truth is rather different though, and a July report from the Progressive Policy Institute explains that capital investment, a critical means of growth for the economy, is hardly at a dead stop.

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But as Progressive Policy Institute economist Michael Mandel notes, those foreign profits are already taxed by the countries in which the money is earned.

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