by Dan Mitchell | Aug 19, 2011 | Blogs, Tax Competition, Taxation
Another American company has decided to expatriate for tax reasons. This process has been going on for decades, with companies giving up their U.S. charters (a form of business citizenship) and redomiciling in low-tax jurisdictions such as Bermuda, Ireland,...
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...
