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Tag Archives : Tax Competition

One Fish, Two Fish, High Tax, Low Tax

One Fish, Two Fish, High Tax, Low Tax

Posted on July 21, 2010

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 […]

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Good News from Romania

Good News from Romania

Posted on July 20, 2010

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 […]

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Jilted Basketball Fans Should Blame the Income Tax, not LeBron James

Jilted Basketball Fans Should Blame the Income Tax, not LeBron James

Posted on July 9, 2010

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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Connecticut Is Terrible, but New York Is Worse

Connecticut Is Terrible, but New York Is Worse

Posted on July 6, 2010

The Wall Street Journal opines about the latest bone-headed move by New York politicians to drive away productive activity. Connecticut is not exactly a low-tax jurisdiction, but sometimes being less worse is all that’s necessary to win a tax competition battle. Connecticut Governor Jodi Rell, a Republican who usually doesn’t mind higher taxes…has nonetheless declared […]

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Seeking to Undermine Competition from the Internet, Politicians Pushing Privacy-Destroying State Sales Tax Cartel

Seeking to Undermine Competition from the Internet, Politicians Pushing Privacy-Destroying State Sales Tax Cartel

Posted on July 3, 2010

One of the good features of the Internet is that it gives people more options. But this is bad news for politicians, who like to control – and tax – what people are doing. But it’s not easy for politicians at the state level to impose high sales taxes on consumers when people have the […]

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America's Best Governor Wants to Starve the Beast

America's Best Governor Wants to Starve the Beast

Posted on July 2, 2010

Chris Christie of New Jersey has done a remarkable job so far, but his biggest battles are still ahead of him. A key fight is whether the state will impose a cap on property taxes. As the Wall Street Journal opines, this reform has worked very well in Massachusetts and is critical to curtailiing the […]

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Thanks to Tax Competition, Corporate Tax Rates Continue to Fall in Europe

Thanks to Tax Competition, Corporate Tax Rates Continue to Fall in Europe

Posted on July 1, 2010

Many people assume that Europe is the land of high-tax welfare states and America is an outpost of laissez-faire capitalism. We should be so lucky. The burden of government in America is still lower than it is in the average European nation, but the United States is a lot closer to France than it is to […]

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European Central Bank President Wants to Exacerbate Continent’s Fiscal Crisis

European Central Bank President Wants to Exacerbate Continent’s Fiscal Crisis

Posted on June 24, 2010

It’s been amusing, in an I-told-you-so fashion, to follow the fiscal crises in Greece, Spain, and other European welfare states. And I feel like a voyeuristic ghoul as I observe the incredibly misguided bailout policies being adopted by the political elites (who are trying to bailout the business elites who made silly loans to corrupt nations […]

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Russia Getting Rid of Capital Gains Tax

Russia Getting Rid of Capital Gains Tax

Posted on June 21, 2010

The former communists running Russia apparently understand tax policy better than the buffoons in charge of U.S. tax policy. Not only does Russia have a 13 percent flat tax, but the government has just announced it will eliminate the capital gains tax (which shouldn’t exist in a pure flat tax anyhow). Here’s a passage from […]

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Anti-Tax Competition Schemes by High-Tax Nations Will Expand the Underground Economy

Anti-Tax Competition Schemes by High-Tax Nations Will Expand the Underground Economy

Posted on June 20, 2010

Regular readers know that I am a big supporter of international tax competition as a mechanism to limit the greed of the political elite. Unfortunately, the statists are having some success in their efforts to undermine the fiscal sovereignty of low-tax jurisdictions. Even the Swiss have been forced to weaken their human rights policy of […]

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