by Dan Mitchell | Apr 8, 2016 | Blogs, Financial Privacy, Tax Competition, Taxation
I wrote a couple of days ago about the “Panama Papers” issue and touched on the key issues. I explained that this non-scandal scandal is simply another chapter in the never-ending war by high-tax governments against tax competition, fiscal sovereignty, and financial...
by Dan Mitchell | Mar 30, 2016 | Blogs, Economics, Laffer Curve, Taxation
Hillary Clinton and Bernie Sanders are basically two peas in a pod on economic policy. The only difference is that Sanders wants America to become Greece at a faster rate. Folks on the left may get excited by whether we travel 60 mph in the wrong direction or 90 mph...
by Dan Mitchell | Mar 29, 2016 | Blogs, Tax Competition, Taxation
I’m never surprised when politicians make absurd statements, but I’m still capable of being shocked when other people make outlandish assertions. Like the leftist policy wonk who claimed that capitalism is actually coercion, even though free markets are based on...
by Dan Mitchell | Dec 15, 2015 | Blogs, Taxation
If you owned a restaurant and wanted to generate more income and boost your bottom line, would you double your prices thinking that this would double your revenue? Of course not. You would understand that a lot of your patrons would simply dine elsewhere. And if they...
by Dan Mitchell | Aug 18, 2015 | Blogs, Tax Competition, Taxation
The United States has what is arguably the worst business tax system of any nation. That’s bad for the shareholders who own companies, and it’s also bad for workers and consumers. And it creates such a competitive disadvantagethat many U.S.-domiciled companies are...