Opponents of tax competition have long argued that the need to combat tax evasion justified aggressive and counter-productive policies designed to eviscerate tax competition, financial privacy, and fiscal sovereignty.

Since I’m probably the foremost defender of tax havens in the United States, I tend to get a lot of press inquiries whenever something happens that brings attention to these low-tax jurisdictions. In recent months, almost all of the media calls have been because (gasp!) Mitt Romney engaged in sound business practices and used tax […]

In previous posts, I put together tutorials on the Laffer Curve, tax competition, and the economics of government spending. Today, we’re going to look at the issue of tax reform. The focus will be the flat tax, but this analysis applies equally to national sales tax systems such as the Fair Tax. There are three […]

Four US Senators are demanding details from Treasury Secretary Timothy Geithner regarding a recent plan to impose significant financial burdens on US institutions in exchange for international compliance with the burdensome FATCA (Foreign Account Tax Compliance Act) law.

Over a week ago I predicted in an editorial that there would be continued attacks on financial privacy and tax competition, noting that attacks on Romney’s financial holdings were “part of this ongoing effort to undermine tax competition and make it easier for politicians to pursue onerous tax-and-spend policies.” I even singled out the Tax […]

CF&P’s Brian Garst, in an editorial for the Daily Caller yesterday, observes a disturbing trend in the rhetoric of this year’s Presidential campaign. An unholy alliance of political opportunists and long-time opponents of tax competition has formed and is playing on populist economic fears to advance an agenda that threatens to curtail basic economic liberties. […]

The Center for Freedom and Prosperity is pleased to report that the Surface Transportation Bill as passed by Congress today did not include the Levin anti-tax haven amendment originally slipped into the Senate version by a voice vote. The amendment would have driven investment out of the US and cost American jobs. Two weeks ago the House defeated a non-binding motion to instruct the conferees to agree to the amendment, and it was ultimately dropped from the bill.

The price of American citizenship only seems to get costlier – and I’m not just talking about high taxes. For Americans living or working overseas, excessive US regulations are becoming a disruptive burden, as exemplified by this disclaimer from Swiss PKB Privatbank brought to our attention by good friend Dr. Eduardo Morgan of Morgan and […]

While the two chambers of Congress work to reconcile the differences between their respective transportation bills, CF&P continues to monitor an unrelated tax provision known as the “Stop Tax Haven Abuse Act” that was slipped into the Senate version by Sen. Carl Levin, a frequent source of anti-tax haven demagoguery. The Act would grant the […]

Back in April, responding to an article written by Ann Hollingshead for the Task Force on Financial Integrity and Economic Development, I wrote a long post defending so-called tax havens. I went through the trouble of a point-by-point response because her article was quite reasonable and focused on some key moral and philosophical issues (rather […]