I never thought I would wind up in Costco’s monthly magazine, but I was asked to take part in a pro-con debate on “Should offshore tax havens be illegal?” Given my fervent (and sometimes risky) support of tax competition, financial privacy, and fiscal sovereignty, regular readers won’t be surprised to learn that I jumped at […]
read more...I’m thinking of inventing a game, sort of a fiscal version of Pin the Tail on the Donkey. Only the way it will work is that there will be a map of the world and the winner will be the blindfolded person who puts their pin closest to a nation such as Australia or Switzerland […]
read more...I’ve relentlessly complained that the United States has the highest corporate tax rate among all developed nations. And if you look at all the world’s countries, our status is still very dismal. According to the the Economist, we have the second highest corporate tax rate, exceeded only by the United Arab Emirates. But some people […]
read more...Whether we’re talking about NSA spying, cross-border collection and sharing of private financial data by tax-hungry governments, pointlessly intrusive money-laundering laws, or other schemes to give the state more power and authority, we’re often told that “if you’re a law-abiding person, you have nothing to fear.” But that assumes government is both competent and trustworthy. […]
read more...I’m a strong believer in federalism, but not because I think state and local governments are competent. Politicians and interest groups are a toxic combination in all circumstance. But at least people have considerable ability to cross borders if they want to escape greedy and despotic governments at the state and local level. And when […]
read more...As I explained back in April, I’m cautiously optimistic that Obamacare will fall apart for the simple reason that it’s impossible to have a workable government-run healthcare system without the type of brutal rationing and sub-standard care found in places like the United Kingdom. So part of me is happy that the White House has […]
read more...feel sorry for the people of California. They’re in a state that faces a very bleak future. And why does the Golden State have a not-so-golden outlook? Because interest groups have effective control of state and local political systems and they use their power to engage in massive rip-offs of taxpayers. One of the main […]
read more...Last year, I showed an image of evolutionary stages that was so accurate that it would earn approval even from many strict creationists. Here’s a new image of evolutionary stages that sets the stage for today’s discussion. Simply stated, Americans are becoming bigger. In some cases, a lot bigger. Is this trend toward greater obesity […]
read more...I periodically cite new academic research about tax policy and economic activity. I sometimes even publicize research from international bureaucracies showing the link between taxes and growth. I’m not naive enough to think that any particular study will change minds, but when the bulk of the research unambiguously tells us that lower tax rates are […]
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