BEPS News…
BEPS Pivotal in Fight Over Tax Competition
In Cayman Financial Review, CF&P’s Brian Garst contends, “The OECD wants to turn back the clock and undo the tremendous gains brought about by tax competition.” http://www.compasscayman.com/cfr/2015/08/19/BEPS-pivotal-in-fight-over-tax-competition/
Congressional Tax Writers Again Press Treasury on BEPS
Hatch and Ryan aren’t letting go of Treasury’s refusal to address their questions. In a second they reiterated their request for answers on Treasury’s authority and intentions regarding BEPS. http://freedomandprosperity.org/2015/blog/congressional-tax-writers-again-press-treasury-on-beps/
Free Market News…
Politicians Keep Chasing the Green Jobs Fantasy
Andrew Quinlan writes at The Blaze about a persistent fantasy of the political class: that government “investment” can spark a green energy revolution. http://www.theblaze.com/contributions/politicians-keep-chasing-the-green-jobs-fantasy/
Washington Prepares to Trample Local Gaming Rules
No one wins if Washington moves to override state rules for online gaming, argues CF&P President Andrew Quinlan in The Hill. After all, a government powerful enough to prohibit states from allowing gambling within their borders is also powerful enough to force it on them against their will. http://thehill.com/blogs/congress-blog/politics/251601-washington-prepares-to-trample-local-gaming-rules
Abusive IRS Case Against Microsoft Poses Threat to All Business
In another piece for The Hill, Quinlan calls on Congress to rein it a rogue IRS bent on getting Microsoft at any cost. http://thehill.com/blogs/congress-blog/economy-budget/252475-congress-should-protect-small-business-from-irs-overreach
From the Market Center Blog…
Why Doesn’t Hillary Learn any Lessons from the Slow Suicide of California and other High-Tax States?
Dan Mitchell cites more evidence that taxpayers migrate from high-tax states to low-tax states. http://freedomandprosperity.org/2015/blog/why-doesnt-hillary-learn-any-lessons-from-the-slow-suicide-of-california-and-other-high-tax-states/
Redistribution is Morally Dubious, Economically Harmful, and It Doesn’t Work
Mitchell breaks down the problems with large welfare states and the high taxes needed to fund them. http://freedomandprosperity.org/2015/blog/big-government/redistribution-is-morally-dubious-economically-harmful-and-it-doesnt-work/
Antitrust Laws and the Incredible Bread Machine
1970s satire on the contradictions of an overreaching regulatory state comes eerily close to describing the current antitrust environment. http://freedomandprosperity.org/2015/blog/big-government/antitrust-laws-and-the-incredible-bread-machine/
