by Dan Mitchell | Oct 14, 2022 | Blogs, Economics, Free Market
There are some Caribbean jurisdictions that are very rich and successful, such as the Cayman Islands. There are others that have middle-of-the-road track records, such as Barbados. Then there’s the basket case of Haiti. Here’s data from the World...
by Dan Mitchell | Feb 26, 2019 | Blogs, Taxation
I’m currently in the Cayman Islands, which is one of my favorite places since – like Bermuda, Monaco, Vanuatu, Antigua and Barbuda, and a few other lucky places in the world – it has no income tax. At the risk of stating the obvious, the absence of an income tax has...
by Dan Mitchell | Jul 31, 2012 | Big Government, Blogs, Government Spending, Taxation
What Do Greece, the United States, and the Cayman Islands Have in Common? At first, this seems like a trick question. After all, the Cayman Islands are a fiscal paradise, with no personal income tax, no corporate income tax, no capital gains tax, and no death tax. By...
by Dan Mitchell | Jan 19, 2012 | Blogs, Tax Havens, Taxation
Exactly 10 days ago, I predicted that the press would attack Mitt Romney for using tax havens. In that post, I wrote that, “…based on the questions, it appears that the establishment media wants to hit Romney for utilizing tax havens… As far as I can tell, none of...
by Dan Mitchell | Jul 22, 2011 | Blogs, Tax Havens, Taxation
Actually, the answer is all of the above. He pontificates about debt, but he voted for the fake stimulus and budget-busting Obamacare legislation. He’s a preening self-styled deficit hawk, but the nation’s four largest deficits have occurred since he became Chairman...