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Prosperity Update August 8, 2014

Prosperity Update August 8, 2014

Posted on August 8, 2014 by CF&P

Freeing Markets

Ending a Destructive Obamacare Tax
It’s just one of many bad taxes introduced by Obamacare, but with 4 years worth of evidence demonstrating its destructiveness, CF&P President Andrew Quinlan says it’s time for the tanning tax to go. http://dailycaller.com/2014/08/07/time-to-ditch-the-obamacare-tanning-tax/

Washington’s War on For-Profit Colleges
Among the many industries targeted for destruction by the Obama administration is the for-profit higher education sector. In an op-ed for the Washington Times, CF&P President Andrew Quinlan documents how the rule of law has been ditched in the name of ideological expediency. http://freedomandprosperity.org/2014/opinion-and-commentary/washingtons-war-on-for-profit-colleges/

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Tax Competition News

Forget Inversions, Fix Corporate Tax
The Cato Institute’s Chris Edwards throws cold water on the growing inversion hysteria. He uses Canada as an example for why cutting corporate taxes is the answer. http://www.cato.org/publications/commentary/just-one-way-stop-corporate-inversions-cut-taxes

Bruce Zagaris on State of Information Exchange
In a two-part, in-depth report for Tax Notes Int’l, international tax expert Bruce Zagaris warns of the continuation of global trends toward criminalization of tax compliance and enforcement, and further efforts on the part of the OECD and G-8 nations to centralize decision-making.

Information Exchange Between the U.S. and Latin America: The U.S. Perspective, Part I

Information Exchange Between the U.S. and Latin America: The U.S. Perspective, Part II

There’s Something Right With Kansas
Even Brits are taking notice that tax competition is working in the US. Telegraph columnist Jeremy Warner sees the overwhelming benefits of limited government and tax competition, and encourages his government to notice as well.

http://www.telegraph.co.uk/finance/personalfinance/tax/10988689/Why-Britain-should-follow-the-yellow-brick-road-to-Kansas-and-cut-taxes.html

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From the Market Center Blog…

Do You Want the Global Destruction of Financial Privacy to Enable Higher Tax Rates and Bigger Government?
The Obama administration and the OECD will stop at nothing to put more tax money in the hands of politicians, including the elimination of all financial privacy rights and protections. http://freedomandprosperity.org/2014/blog/do-you-want-the-global-destruction-of-financial-privacy-to-enable-higher-tax-rates-and-bigger-government/

America’s Built-In Greek Fiscal Future
Dan Mitchell looks at the fiscal future of the US. What he finds is highly disturbing. http://freedomandprosperity.org/2014/blog/big-government/americas-built-in-greek-fiscal-future/

The IMF’s Continuous – and Destructive – Love Affair with Higher Taxes
The IMF has never met a tax increase they don’t like. http://freedomandprosperity.org/2014/blog/the-imfs-continuous-and-destructive-love-affair-with-higher-taxes/

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Corporate income tax Corporate Inversion education Obamacare OECD Regulation Tax Competition
August 8, 2014
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"I write to express support for the Center for Freedom and Prosperity's support of tax competition."
    
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