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Prosperity Update October 7, 2014

Prosperity Update October 7, 2014

Posted on October 7, 2014 by CF&P

Tax Competition News

A Taxing Tale of Two States
Steve Moore compares the opposite approaches to taxation taken by two states, Kansas and Illinois, to see who comes out on top. http://www.forbes.com/sites/stevemoore/2014/09/27/a-taxing-tale-of-two-states/

US Hands Foreign Companies Tax Advantage
The Obama administration’s panicked and unnecessary response to corporate inversions have worsened the competitive position of US companies. http://www.ft.com/intl/cms/s/0/d13ff9e8-44c8-11e4-9a5a-00144feabdc0.html

Don’t Hate the Player, Hate the Tax Game
NTU’s Pete Sepp points out the silliness of blaming Burger King for responding rationally to incentives created by U.S. tax policy. http://www.usnews.com/opinion/economic-intelligence/2014/09/30/burger-king-inversion-is-a-symptom-of-a-bigger-malady

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Hotnomics Tackles the Minimum Wage

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From the Market Center Blog…

Bureaucrats at the United Nations Endorse Sweeping New Tax Powers for Politicians
The U.N. is getting in on the war on tax competition. Dan Mitchell breaks down the organization’s disturbing rhetoric. http://freedomandprosperity.org/2014/blog/bureaucrats-at-the-united-nations-endorse-sweeping-new-tax-powers-for-politicians/

America’s Anti-Competitive and Anti-Comity International Tax System
Oh, how we hate the US tax code. Let us count the ways… http://freedomandprosperity.org/2014/blog/americas-anti-competitive-and-anti-comity-international-tax-system-part-i/

Obama Is Right about the European Economy…But Doesn’t Grasp the Implications
To paraphrase Winston Churchill, never underestimate the ability of statists to stumble over the truth, and then pick themselves up and hurry off like nothing happened. http://freedomandprosperity.org/2014/blog/big-government/obama-is-right-about-the-european-economybut-doesnt-grasp-the-implications/

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Corporate Inversion Corporate taxation Tax Competition United Nations
October 7, 2014
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