by Dan Mitchell | Jun 19, 2010 | Blogs, Economic Growth, Tax Competition, Tax Havens
The Freeman has an article by an expert from Bermuda about the importance of giving taxpayers an escape option to curtail the greed of the political elite: The Declaration of Independence had it exactly right: “He [King George III] has erected a multitude of New...
by Dan Mitchell | Jun 19, 2010 | Blogs, Competition, Economic Growth, Tax Competition, Tax Harmonization, Taxation
The United States has a very anti-competitive corporate tax regime. The federal tax rates is 35 percent and the average of state corporate tax systems brings the rate to nearly 40 percent. In Europe, by contrast, the average corporate tax rate is about 25 percent....
by Dan Mitchell | Jun 18, 2010 | Blogs, Tax Competition, Taxation
Here’s a cheerful story I saw linked on Drudge, which shows that sometimes rich people are not guilt-ridden statists and instead stand shoulder to shoulder with ordinary people to fight bad government policy. In Australia, the leftist government wants to impose...
by Dan Mitchell | Jun 17, 2010 | Bailouts, Blogs, Crime, Tax Competition, Tax Harmonization, Tax Havens
In an amusing coincidence, Secretary of State Hillary Clinton and I were both in Latin America this week offering fiscal policy advice. But it won’t surprise you to know that Mrs. Clinton’s suggestions are radically different than the advice I provided....
by Brian Garst | Jun 17, 2010 | Bailouts, Big Government, Blogs, Tax Competition, Taxation
Big Government bailouts haven’t just been directed toward businesses and Wall Street, they’ve also been deployed to prop up Big Governments. Having taken “stimulus” money while fully aware that it was a one-time windfall, politicians in many...
