This is great, but it’s just the start.
Daily Analysis
OECD Scheme to Boost Taxes on Business Sector Will Hurt Economy and Enable Bigger Government
OECD bureaucrats have been assigned the task of crafting rules to undermine tax competition.
Another Example of Government Thuggery – and another Reason Why Decent and Moral People Are Libertarians
The government has lots of ways to steal your money without charging you with a crime.
NSA Abuse Shows Importance of Financial Privacy
Arguments in favor of the Foreign Account Tax Compliance Act start and end with tax evasion. Those who question the validity of a massive and invasive financial dragnet for the purpose of catching a few tax cheats are accused of either being a tax evader themselves or…
Do You Want the Global Destruction of Financial Privacy to Enable Higher Tax Rates and Bigger Government?
It’s a bad idea when governments demand information on your bank accounts and investments so they can impose economically destructive double taxation. It’s a worse idea when they also demand the right to tax economic activity in other jurisdictions (otherwise known as…
OECD Rules Will Create Privacy Nightmare
I’ve argued repeatedly that efforts like FATCA and the OECD’s Standard for Automatic Exchange of Financial Account Information in Tax Matters pose a substantial threat to financial and taxpayer privacy. In an excellent commentary at The Daily Signal today,…
Is FATCA the Worst Part of the Internal Revenue Code?
The worst part of the tax code is something most Americans have likely never heard of.
Rand Paul: A Modern-Day Horatius in the Fight to Protect Private Financial Information from Corrupt and Evil Governments
Senator Rand Paul is being criticized and condemned by the Washington establishment. That’s almost certainly a sign that he’s doing the right thing. And given the recent events in Russia and Ukraine, we should say he’s doing a great thing. This is because Senator Paul…
Great Moments in the Failed and Costly War against Money Laundering
Time for another great moment in red tape. I wrote a couple of weeks ago that banks treat customers poorly in part because of bad laws and regulations from Washington. Money laundering laws were adopted beginning about 30 years ago based on the theory that we could…
A “Human Right” to Other People’s Money
One of the many differences between advocates of freedom and supporters of statism is how they view “rights.” Libertarians, along with many conservatives, believe in the right to be left alone and not molested by government. This is sometimes referred to in the…