Now that the debt-limit fight is basically over (the Senate will join the House in approving it later today), we need to immediately prepare for the next stage in the fight to stop big government and restore economic liberty. President Obama and other leftists clearly have signaled that they want the new “super committee” – […]
read more...In a pair of letters sent to Treasury and Congressional leadership, the Center for Freedom and Prosperity (CF&P) has once again asked Congress to repeal the Foreign Account Tax Compliance Act (FATCA), and for Treasury to conduct a cost-benefit analysis. While CF&P welcomes the recent IRS announcement that FATCA will not be put into force at the beginning of 2013 as originally scheduled, the announcement shows recognition on the part of the IRS of the heavy regulatory burden that would be placed on foreign financial institutions.
read more...President Obama is stubbornly clinging to his ideological agenda of bigger government and class warfare. Wasteful programs magically become “investments” for growth, and higher tax rates get turned into “shared sacrifice.” Interestingly, we already know what eventually happens with this approach. Europe’s welfare states are now dealing with the wreckage of Obamanomics-type policies and the […]
read more...We fight to preserve tax competition among nations, but the principle’s effects exist within the US among the states, as well. George Scoville writes about the likely outcomes of a decision by Vermont to raise their cigarette taxes by $0.38 while New Hampshire lowers theirs by $0.10: Prices are information wrapped in incentives, and taxes […]
read more...Bill Cosby, actor and comedian, cited the comparatively high taxes in Canada as to why he has no tour dates there anytime soon. Asked by a fan on his Twitter account why he isn’t coming to our neighbor to the North, he replied: It is a commonly held belief that famous performers do not take […]
read more...I’ve been battling the Organization for Economic Cooperation for years, ever since the Paris-based bureaucracy unveiled its “harmful tax competition” project in the late 1990s. Controlled by Europe’s high-tax welfare states, the OECD wants to prop up the fiscal systems of nations such as Greece and France by hindering the flow of jobs and capital […]
read more...I’m back in Bermuda, but not for sun and fun. Instead, I’m like the little Dutch boy with his finger in the dike as part of my ongoing effort to thwart high-tax nations in their attacks against tax competition and tax havens at the “Global Tax Forum” of the Organization for Economic Cooperation and Development. […]
read more...CF&P recently released a paper calling on low-tax jurisdictions to resist the OECD. The high-tax European welfare states which control the OECD continue to move the goal posts and devise ever more hoops through which low-tax jurisdictions are expected to jump. As such, it becomes increasingly important for these nations to draw a line in […]
read more...One of the biggest threats against global prosperity is the anti-tax competition project of a Paris-based international bureaucracy known as the Organization for Economic Cooperation and Development. The OECD, acting at the behest of the European welfare states that dominate its membership, wants the power to tell nations (including the United States!) what is acceptable […]
read more...My fight for freedom often requires great sacrifice. Last month, I went to Monaco and spoke about financial regulation and bailouts. Today, I’m in Bermuda, where I just gave a speech about tax competition. Both jurisdictions are remarkable places, among the richest places on the planet. And remarkably scenic, as illustrated by this picture I […]
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