by Dan Mitchell | May 28, 2011 | Big Government, Blogs, Government Spending, Taxation
It’s not often that I am unenthusiastic about the possibility of a nation reducing its corporate tax rate. But when the country is doing the right thing for the wrong reason, I hope that feelings of ambivalence are understandable. In this case, some Irish politicians...
by Dan Mitchell | Apr 25, 2011 | Blogs, Economics, Taxation
According to an article in the New York Times, the Obama Administration is seriously examining a proposal to reduce America’s anti-competitive 35 percent corporate tax rate. The Obama administration is preparing to inject an unpredictable new variable into its...
by Dan Mitchell | Mar 30, 2011 | Economics, Laffer Curve, Tax Competition, Tax Harmonization, Taxation
Jeffrey Sachs of Columbia University is a big booster of the discredited notion that foreign aid is a cure-all for poverty in the developing world, but he is now branching out and saying silly things about policy in other areas. In a column for the Financial Times, he...
by CF&P | Mar 28, 2011 | Blogs, Flat Tax, Taxation
General Electric has received a lot of unwelcome attention for paying zero federal income tax in 2010, even though it reported $5.1 billion in U.S. profits. This is a good news-bad news situation. The good news is that GE’s clever tax planning deprived the government...
by Dan Mitchell | Feb 17, 2011 | Big Government, Blogs, Capital Gains, Flat Tax, Taxation
Here’s a video arguing for the abolition of the corporate income tax. The visuals are good and it touches on key issues such as competitiveness. I do have one complaint about the video, though it is merely a sin of omission. There is not enough attention paid to the...