Singapore civil servants get monetary rewards that rise and fall with economic performance.
read more...Ill-conceived rules from the White House have made things worse, not better.
read more...Tax competition is good when it involves lower rates for all taxpayers. Corporate handouts and narrow preferences in the name of tax competition, however, are misguided.
read more...The United States has one of the highest capital gains tax rates in the world. The ideal rate is zero.
read more...What we can learned from our northern neighbors.
read more...I’ve had ample reason to praise Hong Kong’s economic policy. Most recently, it was ranked (once again) as the world’s freest economy. And I’ve shown that this makes a difference by comparing Hong Kong’s economic performance to the comparatively lackluster (or weak) performance of economies in the United States, Argentina, and France. But perhaps the most encouraging thing about […]
read more...I’m not a big fan of Obamanomics. I don’t like the President’s class-warfare mentality on taxes. I don’t like his support for Keynesian spending policy. And I don’t like his costly expansions of government such as Obamacare. Indeed, I even like mocking his reflexive statism. That being said, I fully agree (albeit with some important caveats) with his observation that the United States […]
read more...My colleagues Chris Edwards and Nicole Kaeding have just released the biannual Fiscal Policy Report Card on America’s Governors from the Cato Institute. The Report Card is on the Cato Institute’s most impressive publications sincedevelopments on the state level help illustrate the relationship between good fiscal policy and economic performance. The top scores were earned by Pat McCrory […]
read more...Most of us will never be directly impacted by the international provisions of the internal revenue code. That’s bad news because it presumably means we don’t have a lot of money, but it’s good news because IRS policies regarding “foreign-source income” are a poisonous combination of complexity, harshness, and bullying (which is why only taxpayers with lots of […]
read more...I’ve complained over and over again that America’s tax code is a nightmare that undermines competitiveness and retards growth. Our aggregate fiscal burden may not be as high as it is for many of our foreign competitors, but high tax rates and poor design mean the system is very punitive on a per-dollar-raised basis. For more information, the Tax Foundation […]
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