by Dan Mitchell | Sep 28, 2011 | Big Government, Blogs, Financial Privacy, Regulations, Taxation
Earlier this year, President Obama’s IRS proposed a regulation that would force banks in America to report any interest they pay to accounts owned by non-resident aliens (that’s the technical term for foreigners who don’t live in the U.S.). What made this regulation...
by Dan Mitchell | Sep 4, 2011 | Blogs, Tax Competition, Tax Havens, Taxation
Being the world’s self-appointed defender of so-called tax havens has led to some rather bizarre episodes. The bureaucrats at the Organization for Economic Cooperation and Development threatened to have me thrown in a Mexican jail for the horrible crime of standing in...
by Dan Mitchell | Aug 8, 2011 | Blogs, Uncategorized
I’m getting sick of the debt downgrade issue, so let’s shift to another topic. The title to this post may seem like a joke, but Europe’s bizarre courts have decided to trample the property rights of landlords by ruling that tenants have a “right” to satellite TV and...
by Dan Mitchell | Jun 23, 2011 | Blogs, Human Rights, Society
I’m often amazed at how the political class concocts new rights that can only be fulfilled by trampling on genuine freedoms. In a previous post, I mocked Finland for deciding that broadband access was a human right (which presumably means Finns were being oppressed...
by Dan Mitchell | Apr 24, 2011 | Big Government, Blogs, Financial Privacy, Regulations, Tax Competition, Tax Havens, Taxation
There hasn’t been much good economic news in recent years, but one bright spot for the economy is that the United States is a haven for foreign investors and this has helped attract more than $10 trillion to American capital markets according to Commerce Department...