by Brian Garst | May 9, 2013 | Blogs, Tax Competition, Taxation
The Marketplace Fairness Act, a misguided attempt to allow expanded sales tax collection online, passed the Senate on Monday, though its fate in the House is less clear. Also less clear is whether the law passes constitutional muster. At the very least it severely...
by Brian Garst | May 2, 2013 | Blogs, Financial Privacy, Tax Competition, Taxation
Yesterday, an article in The Wall Street Journal by Ben DiPietro reported that Senator Rand Paul is holding up “FATCA treaties” in the Senate. If only it were so, but this is simply untrue. There are no such FATCA treaties. The treaties in question are...
by Brian Garst | Mar 28, 2013 | Opinion and Commentary
This article appeared in PolicyMic on March 28, 2013. Another country has dug itself into a hole, and with a banking crisis on its hands tiny Cyprus finds itself garnering out-sized attention. Here are two key lessons for the United States and the rest of the world....
by Brian Garst | Mar 8, 2013 | Blogs, Tax Competition, Taxation
Thanks to tax competition and beginning with the cuts under Reagan and Thatcher, global tax rates have declined over the last several decades. In order to remain economically competitive, politicians have had to refrain from the excessive fleecing of taxpayers and...
by Brian Garst | Feb 20, 2013 | Blogs, Tax Competition, Taxation
Hardly anyone stands up for taxpayers. It’s the classic problem of concentrated interests and defused costs. Those who benefit from profligate government spending are strongly motivated to lobby for their pet handout. But every individual bit of waste only adds...