Tag Archives: Financial Privacy
In previous posts, I put together tutorials on the Laffer Curve, tax competition, and the economics of government spending. Today, we’re going to look at the issue of tax reform…. Read more
Four US Senators are demanding details from Treasury Secretary Timothy Geithner regarding a recent plan to impose significant financial burdens on US institutions in exchange for international compliance with the burdensome FATCA (Foreign Account Tax Compliance Act) law.
Over a week ago I predicted in an editorial that there would be continued attacks on financial privacy and tax competition, noting that attacks on Romney’s financial holdings were “part… Read more
The Center for Freedom and Prosperity is pleased to report that the Surface Transportation Bill as passed by Congress today did not include the Levin anti-tax haven amendment originally slipped into the Senate version by a voice vote. The amendment would have driven investment out of the US and cost American jobs. Two weeks ago the House defeated a non-binding motion to instruct the conferees to agree to the amendment, and it was ultimately dropped from the bill.
While the two chambers of Congress work to reconcile the differences between their respective transportation bills, CF&P continues to monitor an unrelated tax provision known as the “Stop Tax Haven… Read more
It seems that there’s nothing but bad news coming from Europe. Whether we’re talking about fake austerity in the United Kingdom, confiscatory tax schemes in France, or bailouts in Greece,… Read more
In light of today’s Treasury Department hearing on the Foreign Account Tax Compliance Act (FATCA), the Center for Freedom and Prosperity (CF&P) is again taking the opportunity to call upon Congress to repeal the legislation.