Senator Rubio, Representative Posey, and other Lawmakers Fighting to Stop IRS Proposal that Would Drive Investment from U.S. Economy

by | 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...

Reckless IRS Regulation Would Put Foreign Tax Law over American Tax Law and Drive Investment out of the United States

by | Apr 11, 2011 | Blogs, Economics, Financial Privacy, Tax Competition, Tax Havens, Taxation

I’m not a big fan of the IRS, but usually I blame politicians for America’s corrupt, unfair, and punitive tax system. Sometimes, though, the tax bureaucrats run amok and earn their reputation as America’s most despised bureaucracy. Here’s an example. Earlier this...