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Forget LeBron, the U.K.’s Crazy Tax Laws Are Chasing Away the World’s Fastest Man

by Dan Mitchell | Jul 17, 2010 | Blogs, Taxation

The tax benefits of LeBron James’ move to Miami have received a lot of attention, but there’s an even more interesting case on the other side of the Atlantic. The tax laws in the United Kingdom are so punitive that Usain Bolt might actually lose money if he took a big...

The U.K. Version of Meet the New Boss, Same as the Old Boss

by Dan Mitchell | Jun 23, 2010 | Big Government, Blogs, Capital Gains, VAT

As the chart below indicates, the United Kingdom has a large budget deficit solely because government spending has increased to record levels (OECD data). Unfortunately, the new Tory-Liberal coalition government has decided that taxpayers should be punished for all...
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