by Dan Mitchell | May 3, 2018 | Blogs, Taxation
When I did a poll earlier this year, asking which state would be the first to suffer a fiscal crisis, I wasn’t terribly surprised that Illinois wound up in first place. But I was surprised by the margin. Even though there’s a good case to be made for basket-case...
by Dan Mitchell | Apr 29, 2018 | Blogs, Tax Competition, Taxation
California is a lot like France. They’re both wonderful places to visit. And they’re both great places to live if you already have a lot of money. But neither jurisdiction is very friendly to people who want to get rich. And, thanks to tax competition, that’s having a...
by Dan Mitchell | Apr 23, 2018 | Blogs, States, Tax Competition, Taxation
On April 17, the Supreme Court heard oral arguments in South Dakota v. Wayfair, Inc., a case dealing with whether states should have the power to levy taxes on companies in other states. Most observers see this issue as a fight over taxing the Internet, taxing online...
by Brian Garst | Apr 22, 2018 | Opinion and Commentary
Originally published by Cayman Financial Review on April 19, 2018. When Ronald Reagan and Margaret Thatcher slashed top personal income tax rates in the 1980s for the U.S. and the U.K., other nations were forced to follow suit. In the following decades, the global tax...
by Andrew F. Quinlan | Apr 13, 2018 | Opinion and Commentary
Originally published by The Washington Examiner on April 7, 2018. For years, European tax collectors have been targeting American firms. Recently, EU commissioners unveiled a proposal aimed at siphoning billions of dollars from American tech companies by targeting...
