by Brian Garst | Mar 26, 2018 | Blogs, States, Tax Competition, Taxation
The $1.3 trillion omnibus spending bill is full of waste, but one thing it thankfully does not include is the Internet Sales Tax. This is a welcome development, as Rep. Kristi Noem pushed hard to have her Remote Transactions Parity Act (RTPA) included as a rider in...
by Dan Mitchell | Mar 23, 2018 | Blogs, States, Taxation
One of the key principles of a free society is that governmental power should be limited by national borders. Here’s an easy-to-understand example. Gambling is basically illegal (other than government-run lottery scams, of course) in my home state of Virginia. So they...
by Dan Mitchell | Feb 26, 2018 | Blogs, States, Tax Competition, Taxation
In 2016, here’s some of what I wrote about the economic outlook in Illinois. There’s a somewhat famous quote from Adam Smith (“there is a great deal of ruin in a nation“) about the ability of a country to survive and withstand lots of bad public policy. I’ve tried to...
by Dan Mitchell | Feb 1, 2018 | Blogs, Tax Competition, Taxation
If I was a citizen of the United Kingdom, I would have voted to leave the European Union for the simple reason that even a rickety lifeboat is better than a slowly sinking ship. More specifically, demographic changes and statist policies are a crippling...
by Andrew F. Quinlan | Feb 1, 2018 | Opinion and Commentary
Originally published by Cayman Financial Review on January 24, 2018. Additional guidance has continued to roll out from the Inclusive Framework on Base Erosion and Profit Shifting (BEPS). Guidance on the implementation of Country-by-Country (CbC) Reporting (Action 13)...
