by Dan Mitchell | Nov 30, 2016 | Blogs, Crime, Financial Privacy, Society, Tax Havens, Taxation
The War against Cash is a battle that shouldn’t even exist. But politicians don’t like cash because it’s hard to control something that people can freely trade back and forth. So folks on the left are arguing that governments should ban or restrict paper money. In...
by Dan Mitchell | Apr 21, 2016 | Blogs, Economics, Taxation, VAT
The value-added tax is a very dangerous levy for the simple reason that giving a big new source of revenue to Washington almost certainly would result in a larger burden of government spending. That’s certainly what happened in Europe, and there’s even more reason to...
by Dan Mitchell | Apr 13, 2016 | Blogs, Economics, Taxation
I recently wrote a primer on the issue of tax evasion, which is illegal. I made the elementary point that low tax rates and a simple tax code are the best (and only good) way of promoting high levels of tax compliance. Now let’s shift to the related topic of tax...
by Brian Garst | Apr 13, 2016 | Blogs, Financial Privacy, Tax Havens, Taxation
The media has breathlessly reported on the massive data breach of Panamanian law firm Mossack Fonseca. Much of that coverage has involved the politicians and other figures whose activities revealed corruption, ethical lapses, or dishonesty and wrongdoing. That...
by Dan Mitchell | Mar 16, 2016 | Blogs, Economics, Financial Privacy, Tax Competition, Taxation
Why do many people engage in civil disobedience and decide not to comply with tax laws? Our leftist friends (the ones who think that they’re compassionate because they want to spend other people’s money) assert that those who don’t obey the revenue demands of...