by Dan Mitchell | Jun 20, 2011 | Big Government, Blogs, Taxation
One of the tax increases buried in Obamacare was an onerous and intrusive “1099″ scheme that would have required businesses to collect tax identification numbers for just about any vendor and then send paperwork to the IRS whenever they did more than $600 of business....
by Brian Garst | May 24, 2011 | Blogs, Economics, Taxation
Richard Rahn writes in the Washington Times today on a pair of regulations which he describes as “national economic suicide.” At issue is the IRS’s proposed regulation that would require U.S. banks to report information on foreign account holders,...
by Andrew F. Quinlan | Jan 21, 2011 | Blogs, Taxation
For the more than a decade the Internal Revenue Service has been chasing after potential U.S. tax evaders by forcing foreign jurisdictions and banks to become deputy tax collectors. From the Know-Your-Customer regulations to the Qualified Intermediary regime, non-U.S....
by Andrew F. Quinlan | Aug 16, 2010 | Blogs, Taxation
Congress wants to reduce tax evasion, but politicians are unwilling to address the underlying problem of low tax rates, so they continuously give the IRS more power and make it more difficult for law-abiding people to engage in commerce. A good example is the FATCA...
by CF&P | Feb 24, 2010 | News, Press Releases
Center for Freedom and Prosperity Foundation For Immediate Release Monday, February 24, 2010 202-285-0244 www.freedomandprosperity.org Coalition for Tax Competition Condemns Provisions of the Reid Jobs Bill that Would Discourage Foreign Investment in US Economy...
