by Dan Mitchell | May 11, 2012 | Blogs, Tax Competition, Taxation
It is very sad that America’s tax system is so onerous that some rich people feel they have no choice but to give up U.S. citizenship in order to protect their family finances. I’ve written about this issue before, particularly in the context of Obama’s class-warfare...
by Dan Mitchell | Feb 4, 2012 | Big Government, Blogs, Taxation
What’s the worst policy idea that would cause the most damage to society? I’m tempted to say the value-added tax since our hopes of restraining the federal government will be greatly undermined if we give the buffoons in Washington a new source of revenue. Indeed,...
by Dan Mitchell | Jan 18, 2012 | Blogs, Tax Competition, Tax Harmonization, Taxation
I sometimes make fun of the English, for reasons ranging from asinine laws to milquetoast politicians to horrid healthcare policy. But at least some U.K. elected officials are willing to stand up for tax competition and fiscal sovereignty by defending low-tax...
by Dan Mitchell | Jan 17, 2012 | Blogs, Economics, Tax Competition, Tax Havens, Taxation
I’ve written several times about a proposed IRS regulation that would force American banks to put foreign law above U.S. law. I’ve repeatedly warned that the scheme, which would force financial institutions to report the deposit interest they pay to foreigners, is bad...
by Dan Mitchell | Dec 30, 2011 | Big Government, Blogs, Taxation
Last year, I came up with a saying that “Bad Government Policy Begets More Bad Government Policy” and labeled it “Mitchell’s Law” during a bout of narcissism. There are lots of examples of this phenomenon, such as the misguided War on Drugs being a precursor to...
