News & Views…
The Russian Money Pipeline
Who’s fighting hardest to prevent domestic oil and gas exploration? Richard Rahn exposes how the Russian Federation is funneling money into environmental groups to prevent growth in the global energy supply that could drive down prices. http://www.washingtontimes.com/news/2015/feb/2/richard-rahn-vladimir-putin-funding-opposition-to-/
Additional Reading:
- From Russia with Love? Examining Links Between US Environmental Funder and the Kremlin (PDF)
- Russian Money Suspected Behind Fracking Protests (NYT)
Israel Faces War By Other Means
In this op-ed for the Washington Times, CF&P President Andrew Quinlan reflects on the recent announcement of a preliminary International Criminal Court investigation into the Israeli-Palestinean conflict, and finds the ICC is likely not be up to the task. http://www.washingtontimes.com/news/2015/feb/1/andrew-quinlan-israel-faces-war-by-icc/
Impact of the U.S. Election on Offshore
In the latest Cayman Financial Review, CF&P’s Brian Garst looks at how the recent election will impact the prospects of international tax reform, and what it could mean for the offshore community. http://www.compasscayman.com/cfr/2015/01/30/Impact-of-the-U-S–election-on-offshore/
Tax Competition News…
Worldwide Taxation is Very Rare
The President’s desire to tax corporate income even more on a worldwide basis is a step in the wrong direction. Kyle Pomerleau of the Tax Foundation responds to the President’s proposed changes by demonstrating just how rare worldwide taxation really is, and by proving how far behind our competitors the US would be if Obama got his way. http://taxfoundation.org/blog/worldwide-taxation-very-rare
Americans for Tax Reform Against the Restoration of American’s Wire Act (RAWA)
Citing the 10th Amendment, Americans for Tax Reform sent members of Congress a letter outlining its opposition to pending legislation that it argues would be a federal intrusion into a state issue. http://www.atr.org/atr-urges-congress-reject-restoration-americans-wire-act
Tax Competition is Good for Europe
Conservative member of the EU parliament argues that pro-tax harmonization forces are deliberately confusing illegal tax evasion with legal avoidance techniques – a dishonest gambit that CF&P has long criticized. http://www.cityam.com/207660/tax-competition-good-europe-don-t-let-juncker-muddy-waters
From the Market Center Blog…
A Perfect Example of How Tax Competition Constrains Greedy Government
Decentralization is producing pressure in the U.K. to reduce its punitive tax on air travel. http://freedomandprosperity.org/2015/blog/a-perfect-example-of-how-tax-competition-constrains-greedy-government/
Agency That Spent $400m on Failed Obamacare Portal to Promote Health Innovation
An Inspector General’s report shines a light on the flawed process to award contracts for the infamous Obamacare website. The same agency now has a slush fund to promote “innovation.” http://freedomandprosperity.org/2015/blog/agency-that-spent-400m-on-failed-obamacare-portal-wants-to-promote-health-innovation/
Bringing Growth to the Developing World: The Role of Tax Havens and the Size of Gov
The 21st Century thus far has seen genuine progress. But that progress will halt if developing nations fall victim to class-warfare proposals demonizing multinational firms. http://freedomandprosperity.org/2015/blog/big-government/bringing-growth-to-the-developing-world-the-role-of-tax-havens-and-the-size-of-government/
