by Dan Mitchell | Sep 20, 2016 | Big Government, Blogs, Economics, Tax Competition, Tax Harmonization, Taxation
I’ve previously written about the bizarre attack that the European Commission has launched against Ireland’s tax policy. The bureaucrats in Brussels have concocted a strange theory that Ireland’s pro-growth tax system provides “state aid” to companies like Apple (in...
by Dan Mitchell | Aug 31, 2016 | Blogs, Europe, Tax Competition, Taxation
European bureaucrats have made a new claim that countries are guilty of providing subsidies if they have low taxes for companies. I’m not joking. This is basically what’s behind the big tax fight between Apple, Ireland, and the European Commission. Here’s what I said...
by Dan Mitchell | Mar 30, 2015 | Blogs, Economics, Free Market
There’s a “convergence” theory in economics that suggests, over time, that “poor nations should catch up with rich nations.” But in the real world, that seems to be the exception rather than the rule. There’s an interesting and informative article at the St. Louis...
by Dan Mitchell | Oct 20, 2014 | Blogs, Economics, Tax Competition, Taxation
I wrote last year about the remarkable acknowledgement by Bono that free markets were the best way to lift people out of poverty. The leader of the U2 band and long-time anti-poverty activist specifically stated that, “capitalism has been the most effective ideology...
by Dan Mitchell | Jan 18, 2014 | Big Government, Blogs, Government Spending, Welfare and Entitlements
There’s an old joke about two guys camping in the woods, when suddenly they see a hungry bear charging over a hill in their direction. One of the guys starts lacing up his sneakers and his friend says, “What are you doing? You can’t outrun a bear.” The other guys...