Last week’s Organization for Economic Cooperation and Development (OECD) Global Tax Forum featured an unusual beginning as a looming hurricane in the Pacific forced the event from Cabo to Mexico City. This created special challenges for the Center for Freedom and Prosp…
Protecting Good Tax Policy
The past several months have witnessed an unfortunate setback in the fight for good tax policy. Bolstered by a shift in the U.S. position from benign neglect to active support, anti-tax competition ideologues have won a somewhat significant victory. Low-tax jurisdiction…
Prospects for Tax Competition in 2009
Low-tax jurisdictions are being attacked by several committees in the U.S. Congress. These so-called havens are being assaulted by international bureaucracies such as the Organization for Economic Cooperation and Development (OECD) and European Commission (EC). And they…
The Global Flat Tax Revolution: Lessons for Policy Makers
Atleast 24 nations have adopted some form of single-rate tax regime. These reforms have generated impressive results, including faster growth, more jobs, and increased competitiveness. While politicians generally are most concerned about losing tax revenue, they should …
Labour Supply and Marginal Tax Rates: A case study of Belgium, France, Italy, the Netherlands, the United Kingdom and the United States of America
The Prosperitas study by Bram de Bruin (Erasmus University, Rotterdam), originally prepared as a masters’ thesis and with assistance from the European Independent Institute (The Hague, The Netherlands) investigates the effect of labour income taxes on the supply of paid…
The Iceland Tax System: Key features and Lessons for Policy Makers
Market-oriented tax policy has played a key role in Iceland’s rebirth. Major tax reforms include slashing the corporate tax rate from 50 percent to 18 percent, abolition of the wealth tax, a low-rate 10 percent flat tax on capital income, and an intermediate-rate 36 per…
Making Section 911 Universal is Good Economic Policy and Good Tax Policy
America is one of the few nations to tax citizens who live and work abroad. Indeed, no other industrialized nation imposes a second layer of tax on its expatriates. Senator Jim DeMint (R-SC) has introduced legislation, the Working American Competitiveness Act (S. 3496),…
Territorial Taxation for Overseas Americans: Section 911 Should Be Unlimited, Not Curtailed
If policy makers created a level playing field by making Section 911 universal, more Americans could find jobs in the global economy, U.S. companies would become more internationally competitive, and U.S. exports would substantially increase.