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Tag Archives : tax evasion

The Laffer Curve Bites Ireland in the Butt

The Laffer Curve Bites Ireland in the Butt

Posted on March 19, 2013

Cigarette butt, to be more specific. All over the world, governments impose draconian taxes on tobacco, and then they wind up surprised that projected revenues don’t materialize. We’ve seen this in Bulgaria and Romania, and we’ve seen this Laffer Curve effect in Washington, DC, and Michigan. Even the Government Accountability Office has found big Laffer […]

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Two Cheers for Spain’s Anti-Tax “Carrot Rebellion”

Two Cheers for Spain’s Anti-Tax “Carrot Rebellion”

Posted on November 18, 2012

If there was a prize for fighting back against tax authorities, the Italians would probably deserve first place. I’m not aware of any other country where tax offices get firebombed. The Italians also believe in passive forms of resistance, with tens of thousands of boat owners sailing away to protect themselves from the government. But […]

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The Laffer Curve Strikes Again: Revenues Falling in Spite of (or Perhaps Because of) Spain’s Punitive Corporate Tax Rate

The Laffer Curve Strikes Again: Revenues Falling in Spite of (or Perhaps Because of) Spain’s Punitive Corporate Tax Rate

Posted on October 4, 2012

I’ve shared evidence from around the world (England, Italy, the United States, and France) and from various states (Illinois, Oregon, Florida,Maryland, and New York) to argue that it is foolish to ignore the Laffer Curve. Not that it makes any difference. I’m slowly coming the conclusion that my friends on the left will never learn – in large part because […]

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Just as “Fair Trade” Means Protectionism for the Benefit of Special Interests, “Fair Tax Competition” Means Tax Harmonization for the Benefit of Politicians

Just as “Fair Trade” Means Protectionism for the Benefit of Special Interests, “Fair Tax Competition” Means Tax Harmonization for the Benefit of Politicians

Posted on September 21, 2012

Very few people are willing to admit that they favor protectionism. After all, who wants to embrace a policy associated with the Great Depression? But people sometimes say “I want free trade so long as it’s fair trade.” In most cases, they’re simply protectionists who are too clever to admit their true agenda There’s a […]

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Study from German Economists Shows that Tax Competition and Fiscal Decentralization Limit Income Redistribution

Study from German Economists Shows that Tax Competition and Fiscal Decentralization Limit Income Redistribution

Posted on September 4, 2012

If we want to avoid the kind of Greek-style fiscal collapse implied by this BIS and OECD data, we need some external force to limit the tendency of politicians to over-tax and over-spend. That’s why I’m a big advocate of tax competition, fiscal sovereignty, and financial privacy (read Pierre Bessard and Allister Heath to understand […]

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Fighting Anti-Tax Haven Demagoguery on CNN

Fighting Anti-Tax Haven Demagoguery on CNN

Posted on July 27, 2012

Tax Justice Network promoting an agenda driven study using shoddy assumptions.

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The Turbo-Charged Italian Version of the Laffer Curve

The Turbo-Charged Italian Version of the Laffer Curve

Posted on July 18, 2012

Thanks largely to the Laffer Curve, there are some impressive examples of failed tax increases in countries such as the United States, France, and the United Kingdom. But if there was a prize for the people who most vociferously resist turning over more of their income to government, the Italians would be the odds-on favorite […]

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A Rare Bit of Good News from Europe

A Rare Bit of Good News from Europe

Posted on May 21, 2012

It seems that there’s nothing but bad news coming from Europe. Whether we’re talking about fake austerity in the United Kingdom, confiscatory tax schemes in France, or bailouts in Greece, the continent seems to be a case study of failed statism. But that’s not completely accurate. Every so often I highlight good news, such as […]

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Revolt of the Italian Tax Slaves

Revolt of the Italian Tax Slaves

Posted on May 15, 2012

I wrote last year about a tax protest in Ireland, and I wrote earlier this year about a tax revolt in Greece. But Irish and Greek taxpayers are wimps compared to their Italian compatriots. When Italians decide to have a tax revolt, they don’t kid around. Here are some remarkable details from the UK-based Telegraph. […]

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Revolt of the Irish Tax Slaves

Revolt of the Irish Tax Slaves

Posted on April 2, 2012

I wrote last year about a backlash from long-suffering Greek taxpayers. These people – the ones pulling the wagon rather than riding in the wagon – are being raped and pillaged by a political class that is trying to protect the greedy interest groups that benefit from Greece’s bloated public sector. We now have another […]

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