by Brian Garst | Jan 30, 2016 | Opinion and Commentary
This article appeared in Cayman Financial Review on January 29, 2016. Problems with the OECD’s work on Base Erosion and Profit Shifting (BEPS) are numerous and will likely lead to a variety of negative consequences. Most obvious is the wasted effort put into a massive...
by Andrew F. Quinlan | Dec 30, 2015 | Opinion and Commentary
This article originally appeared on The Blaze on December 28, 2015. The massive omnibus spending package passed by Congress included new limits on the IRS, in particular on the agency’s ability to harass political non-profits. Congress is not done, however, as an...
by Dan Mitchell | Dec 27, 2015 | Blogs, Economics, Financial Privacy, Keynesian, Monetary Policy
I wrote yesterday that governments want to eliminate cash in order to make it easier to squeeze more money from taxpayers. But that’s not the only reason why politicians are interested in banning paper money and coins. They also are worried that paper money inhibits...
by Dan Mitchell | Dec 26, 2015 | Blogs, Crime, Society, Taxation
Politicians hate cash. That may seem an odd assertion given that they love spending money (other people’s money, of course, as illustrated by this cartoon). But what I’m talking about is the fact that politicians get upset when there’s not 100 percent compliance with...
by Andrew F. Quinlan | Jun 24, 2015 | Blogs, Financial Privacy, Taxation
The Washington Times is reporting that Senator Rand Paul is standing up against the Treasury Department’s illegal implementation of the Foreign Account Tax Compliance Act! The Senator is suing Treasury and the IRS for using “intergovernmental...
