by Dan Mitchell | Aug 4, 2013 | Blogs, Economics, Tax Competition, Tax Havens, Taxation
I like tax havens for the simple reason that we need some ways of restraining the greed of the political class. Simply stated, if profligate politicians think that we are “captive customers,” they are much more likely to impose (even) higher tax rates (as we’ve seen...
by Andrew F. Quinlan | Jul 26, 2013 | Blogs, Financial Privacy, Tax Competition, Taxation
Since its passage in 2010, the Foreign Account Tax Compliance Act has been delayed multiple times. Most recently the Treasury Department has pushed back 6 months the beginning of FATCA’s withholding penalty for noncompliant institutions, from January 1, 2014 to...
by Dan Mitchell | Jul 13, 2013 | Blogs, Economics, Financial Privacy, Tax Competition, Tax Havens, Taxation
I never thought I would wind up in Costco’s monthly magazine, but I was asked to take part in a pro-con debate on “Should offshore tax havens be illegal?” Given my fervent (and sometimes risky) support of tax competition, financial privacy, and fiscal sovereignty,...
by CF&P | Jul 8, 2013 | News, Press Releases
Center for Freedom and Prosperity For Immediate Release Monday, July 8, 2013 202-285-0244 www.freedomandprosperity.org Congressman Posey Rebukes Secretary Lew On FATCA (Washington, D.C., Monday, July 8, 2013) The Center for Freedom and Prosperity announces its support...
by Andrew F. Quinlan | Jun 24, 2013 | Opinion and Commentary
This article appeared in La Prensa (in Spanish) on June 24, 2013, and was coauthored by Brian Garst. The Organization for Economic Cooperation and Development (OECD) has tried numerous strategies to compel low-tax nations to raise tax rates and eliminate financial...