Even though he is a foolish statist, I wanted Francois Hollande to win the French presidency. Sarkozy was a statist as well, after all, and my “Richard Nixon Disinfectant Rule” says that it’s better to have the out-of-the-closet statist prevail in such contests in…
Daily Analysis
Comparing Obamanomics with Reaganomics, Looking at Evidence from the States
I’ve done a couple of posts comparing Reaganomics and Obamanomics, mostly based on data from the Minneapolis Federal Reserve on employment and economic output. I even did a TV interview on the subject, which generated some comments on my taste in clothing, and also…
Professor Greg Mankiw: If You Value Individual Liberty, then Protect, Promote, and Preserve Competition Between Governments
Other than my experiment dealing with corporate taxation, the first video I narrated for the Center for Freedom and Prosperity dealt with the issue of tax competition. It was a deliberate choice because I view competition among governments as one of the few effective…
With Washington Now Imposing the World’s Highest Corporate Tax Rate, Every Day is April Fool’s Day for American Companies
Last year, I expressed skepticism that the White House was serious about reducing the corporate tax rate. And, sure enough, when the Obama Administration produced a plan earlier this year, it was a disappointing mix of a few good provisions and several unpalatable…
Should States Be Allowed to Tax Outside their Borders, Particularly if It Means a Database of Your Online Purchases?
Tax competition, as I have explained to the point of being a nuisance, is an important restraint on the greed of the political class. Simply stated, politicians are less like to over-tax and over-spend if they know that geese with the golden eggs can fly across the…
Patriotism, Loyalty, Tax Competition, and “Tax Fugitives”
I fight to preserve tax competition, fiscal sovereignty, and financial privacy for the simple reason that politicians are less likely to impose destructive tax policy if they know that labor and capital can escape to jurisdictions with more responsible fiscal…
The Worst Dollar-for-Dollar Spending in DC
Examples of government waste are not hard to find in Washington DC, but identifying the worst, most egregious instances of destructive spending is more difficult. Based on the facts cited by a new CF&P Libertas published earlier this week, a strong case can be…
Since Obama’s Class-Warfare Tax Policy Is Failing in Illinois, Why Does He Think It Will Work for the Entire Country?
President Obama’s two biggest “achievements” since taking office are the so-called stimulus and government-run healthcare. But neither one of those policies are popular, so the President largely ignored them during his state-of-the-union address and instead focused on…
Another Much-Needed Defense of Tax Competition and Tax Havens by a British Politician
I sometimes make fun of the English, for reasons ranging from asinine laws to milquetoast politicians to horrid healthcare policy. But at least some U.K. elected officials are willing to stand up for tax competition and fiscal sovereignty by defending low-tax…
Obama Administration Supports Rogue IRS Regulation in Order to Please Europeans, Even though It Will Undermine American Banks and Hurt the U.S. Economy
I’ve written several times about a proposed IRS regulation that would force American banks to put foreign law above U.S. law. I’ve repeatedly warned that the scheme, which would force financial institutions to report the deposit interest they pay to foreigners, is bad…