Dan Mitchell, a Senior Fellow at the Cato Institute and Chairman of the Center for Freedom and Prosperity, will be in Singapore for the upcoming Organisation for Economic Co-operation and Development (OECD) Global Forum on Transparency and Exchange of Information for Tax Purposes.
read more...Here’s a Reuters story about the Australian Tax Office harassing Paul Hogan, better known to Americans as Crocodile Dundee, because of a tax dispute. The grinches at the tax office took advantage of Hogan’s return for his mother’s funeral to hold him hostage, refusing to let him leave the country until he coughs up some cash. […]
read more...I tangle with my old nemesis Christian Weller, one of the statists at the Center against American Progress, in a debate on whether the corporate tax rate should be reduced. I was somewhat amused that Christian defended the current system because companies currently are earning profits. Maybe I’ll eventually convince him to be a capitalist. […]
read more...I ran across two interesting lists showing how politicians at the state and local level are often just as bad as the ones in Washington, DC. First, Forbes has an article identifying the 10 states with the highest income tax rates. The top rate is a big deterrent to entrepreneurs and investors, but it’s also […]
read more...The fight for financial freedom and limited government is global. The Center for Freedom and Prosperity recognizes Eduardo Morgan Jr., an individual whose work for his native Panama echoes much of our own efforts to defend fiscal sovereignty from the onslaught of anti-growth taxation and regulation. As Panama’s Ambassador to Washington from 1996 to 1998, […]
read more...The federal government is capable of enormous waste, which obviously is bad news, but the worst forms of government spending are those that actually leverage bad things. The old welfare system, for instance, paid people not to work and have babies out of wedlock (this still happens, but it’s not as bad as it used to […]
read more...In the future, all dictionary publishers should get rid of their existing definitions for “hypocrisy” and replace them with a photo of Massachusetts Senator John Kerry. He’s just been caught committing the horrible sin of saving his family more than $500,000 by domiciling his new yacht in Rhode Island (which is a tax haven for […]
read more...With apologies to Dr. Seuss, maybe that will be the name of a future book I’ll write about the anti-competitive impact of high tax rates. And one of my chapters will be about what we can learn from the states. Richard Rahn’s column in the Washington Times reviews some of the key evidence on this […]
read more...Redistributionists hate the flat tax, and this sentiment is widely shared by other statists. These proponents of big government want the tax system to to punish success and generate loot that can be used to buy votes (though they don’t seem to understand that if they punish success too much, they won’t actually get any additional money […]
read more...Supporters of the Cleveland Cavaliers, especially the owner of the team, are upset that basketball superstar LeBron James has decided to sign with the Miami Heat. The anger is especially intense because the Cavaliers offered $4 million more over the next five years. But their anger is misplaced, because more money in Cleveland, Ohio, actually […]
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