by Dan Mitchell | Oct 26, 2011 | Blogs, Europe, Taxation
I don’t often have reason to praise the White House. But the Administration occasionally winds up fighting on the right side when dealing with the statists on the other side of the Atlantic Ocean. I lauded the Obama Administration two years ago when the Treasury...
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 27, 2011 | Blogs, Taxation
Having grown up during the Cold War, I never though I would write a sentence like the title of this blog post, but there have been lots of firsts during the reign of Obama. When the head of a major multinational company says the American tax system is worse than the...
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 Dan Mitchell | May 24, 2011 | Big Government, Blogs, Economics, Europe, Government Spending, Tax Competition, Taxation
One of the biggest threats against global prosperity is the anti-tax competition project of a Paris-based international bureaucracy known as the Organization for Economic Cooperation and Development. The OECD, acting at the behest of the European welfare states that...