by Dan Mitchell | Oct 7, 2021 | Blogs, Economics, Taxation
There are many reasons to reject Joe Biden’s proposal for higher corporate tax rates, and I listed many of them when I narrated this nine-minute video. This two-minute video from the Tax Foundation has a similar message. The main message is that...
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...
