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 […]
read more...We often look at how tax competition affects nations, but the same concept applies to U.S. states as well. Two recent reports demonstrate what happens when politicians fail to understand just how tax competition works. In a report from the Maine Heritage Policy Center, we see how New Hampshire’s low retail tax rate is attracting […]
read more...There hasn’t been much good economic news in recent years, but one bright spot for the economy is that the United States is a haven for foreign investors and this has helped attract more than $10 trillion to American capital markets according to Commerce Department data. These funds are hugely important for the health of […]
read more...I’m not a big fan of the IRS, but usually I blame politicians for America’s corrupt, unfair, and punitive tax system. Sometimes, though, the tax bureaucrats run amok and earn their reputation as America’s most despised bureaucracy. Here’s an example. Earlier this year, the Internal Revenue Service proposed a regulation that would force American banks […]
read more...Jeffrey Sachs of Columbia University is a big booster of the discredited notion that foreign aid is a cure-all for poverty in the developing world, but he is now branching out and saying silly things about policy in other areas. In a column for the Financial Times, he complains that tax competition is forcing governments […]
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