by Dan Mitchell | Jan 5, 2011 | Bailouts, Big Government, Blogs, Government Spending, Monetary Policy
The news is going from bad to worse for Ireland. The Irish Independent is reporting that the Swiss Central Bank no longer will accept Irish government bonds as collateral. The story also notes that one of the world’s largest bond firms, PIMCO, is no longer purchasing...
by Dan Mitchell | Dec 15, 2010 | Blogs, Tax Competition, Taxation
Sometimes it’s not a good idea to be at the top of a list. And now that Japan has announced a five-percentage point reduction in its corporate tax rate, the United States will have the dubious honor of imposing the developed world’s highest corporate tax rate. Here’s...
