Back in the 1980s and 1990s, there was a widespread consensus that high tax rates were economically misguided. Many Democrats, for instance, supported the 1986 Tax Reform Act that lowered the top tax rate from 50 percent to 28 percent (albeit offset by increased double taxation and more punitive depreciation rules). And even in the 1990s, many on […]

This article appeared in Forbes.

What’s the defining characteristic of our political masters? Going all the way back to when they ran for student council in 6th grade, is it a craven desire to say or do anything to get elected? Is it the corrupt compulsion to trade earmarks, loopholes, and favors in exchange for campaign cash? Or is it […]

This article appeared in the Daily Caller.

Over the years, I’ve shared some ridiculous arguments from our leftist friends. Paul Krugman, for instance, actually wrote that “scare stories” about government-run healthcare in the United Kingdom “are false.” Which means I get to recycle that absurd quote every time I share a new horror story about the failings of the British system. Today we have some assertions […]

Writing for Hong Kong’s Harbour Times, CF&P President Andrew Quinlan and I recently coauthored a piece explaining why appeasing the radical demands of the OECD is a losing strategy. Simply put, the global tax collectors will not be satisfied with anything less than the end of all tax competition: Like the OECD’s prior standards, demands […]

This article appeared in Harbour Times.

There’s a tendency in public life to exaggerate the positive or negative implications of any particular policy. This is why I try to be careful not to overstate the potential benefits of reforms I like, such as the flat tax. Yes, we would get better growth and there would be less corruption in Washington, but […]

This article appeared in La Prensa.

This article appeared in Offshore Investment.