by Dan Mitchell | Mar 10, 2012 | Blogs, Financial Privacy
I’ve periodically written about the overall cost of regulation, and I’ve also highlighted the onerous costs of proposals such as the Dodd-Frank bailout bill. This blurb from the IFC Review may give readers a sense of the regulatory onslaught facing financial...
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 23, 2011 | Blogs, Constitution, Crime, Society
As a grumpy libertarian, I routinely get agitated about taxes, spending, and regulation. As far as I’m concerned, much of government is a racket that uses coercion to reward interest groups with unearned wealth. But there are degrees of evil. So if you asked me to...
by Dan Mitchell | Oct 28, 2010 | Blogs, Financial Privacy
It was only a few decades ago that there was no such thing as money-laundering laws. Instead, the focus of law enforcement was on the underlying criminal behavior (such as robbery) that generated ill-gotten gains. In recent decades, however, politicians around the...
by Dan Mitchell | Sep 20, 2010 | Big Government, Blogs
The Washington Post has an interesting report about the huge amount of money that Fairfax County spends to go after gambling. The story cites critics who ask “why law enforcement spends valuable time and money on combating sports gambling. The answer is obvious – and...