by Dan Mitchell | Nov 22, 2014 | Blogs, Tax Competition, Tax Harmonization, Taxation
Tax competition is a very important tool for constraining the greed of the political class. Simply stated, politicians are less likely to impose bad tax policy if they are afraid that jobs and investment (and accompanying tax revenue) willmove to jurisdictions with...
by Brian Garst | Oct 22, 2014 | Opinion and Commentary
This article appeared in Thomson Reuters Accelus on October 13, 2014. A key component in the implementation of the United States’ massive financial dragnet, the Foreign Account Tax Compliance Act (FATCA), was the promise of reciprocal information sharing...
by Dan Mitchell | Aug 19, 2014 | Blogs, Economics, Taxation
What do cigarettes and capital gains have in common? Well, they both start with the same letter, so maybe the Cookie Monster could incorporate them into his favorite song, but I’m thinking about something else. Specifically, both cigarettes and capital gains tell us...
by Dan Mitchell | Aug 15, 2014 | Blogs, Taxation
I don’t like international bureaucracies because they generally push for policies that expand the burden of government and undermine economic growth. But I recognize that there are some good people who work at these institutions and I’m always willing to acknowledge...
by Dan Mitchell | Jul 30, 2014 | Blogs, Financial Privacy, Tax Competition, Taxation
It’s a bad idea when governments demand information on your bank accounts and investments so they can impose economically destructive double taxation. It’s a worse idea when they also demand the right to tax economic activity in other jurisdictions (otherwise known as...
