by Dan Mitchell | Sep 4, 2021 | Blogs, Tax Competition, Taxation
How the Irish Saved Civilization was a bestselling book in the mid-1990s. Today, we’re going to consider an updated version, focusing on whether Ireland can save the world economy from Joe Biden’s plan for a global tax cartel. This should be a slam-dunk...
by Dan Mitchell | Aug 17, 2021 | Blogs, Taxation
I’ve written about some boring and arcane tax issues – most of which are only relevant because we don’t have a simple and fair flat tax. Depreciation vs. expensingTerritorial taxation vs. worldwide taxationGILTI rules for multinational...
by Dan Mitchell | Jul 16, 2021 | Blogs, Economics, Tax Competition, Tax Harmonization, Taxation
I critiqued Biden’s proposal for a global corporate tax cartel as part of a recent discussion with South Africa’s Free Market Foundation. Here’s the segment where I explain why it would be bad for developing nations. At the risk of stating the...
by Dan Mitchell | Jul 9, 2021 | Blogs, Tax Competition, Tax Harmonization, Taxation
When President Biden proposed a “global minimum tax” for businesses, I immediately warned that would lead to ever-increasing tax rates. Ross Kaminsky of KHOW and I discussed how this is already happening. I hate being right, but it’s always safe to...
by Dan Mitchell | Jun 28, 2021 | Blogs, Economics, Taxation
I’ve been arguing against Biden’s proposed increase in business taxation by pointing out that higher corporate taxes will be bad news for workers, consumers, and shareholders. Everyone agrees that shareholders get hurt. After all, they’re the...
