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 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 Dan Mitchell | May 6, 2010 | Big Government, Blogs, Europe, Tax Competition, Taxation, Uncategorized
The New York Times has an article describing widespread tax evasion in Greece, along with an implication that the country’s fiscal crisis is largely the result of unpaid taxes and could be mostly solved if taxpayers were more obedient to the state. This is an...
by Dan Mitchell | May 2, 2010 | Blogs, Tax Competition, Tax Harmonization, Taxation, Uncategorized
Price fixing is illegal in the private sector, but unfortunately there are no rules against schemes by politicians to create oligopolies in order to prop up bad government policy. The latest example comes from the bureaucrats at the International Monetary Fund, who...
by Dan Mitchell | Apr 2, 2010 | Blogs, Economic Growth, Tax Competition, Tax Havens
I think it is very nice when left-wing groups publish reports that make the case for pro-market policies A recent example is a report from the Center for International Policy, which wants to demonize so-called tax havens, but their report shows that the United States...