by Dan Mitchell | Mar 9, 2015 | Blogs, Crime, Justice, Society
One of the most important bulwarks of a just society is equal justice under law. That principle is even etched in stone above the entrance to the Supreme Court. My belief in equal treatment is one of the reasons I support the flat tax. As an economist, I like the...
by Dan Mitchell | Mar 5, 2015 | Big Government, Blogs, Constitution, Taxation
I’m not reflexively opposed to executive orders and other unilateral actions by the White House. A president and his appointees, after all, have a lot of regulatory authority. This is because, for better or worse, many of the laws approved in Washington basically...
by Dan Mitchell | Mar 7, 2014 | Blogs, Uncategorized
If you look at measures (such as the Fraser Institute’s Economic Freedom of the World index) of what makes a nation competitive and prosperous, you’ll find some obvious variables such as fiscal policy, trade openness, regulatory burden, and monetary policy. But in...
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 | 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...