by Dan Mitchell | Nov 1, 2021 | Blogs, Economics
When President Biden first proposed a global minimum tax on companies, I immediately warned that creating a corporate tax cartel would be very bad news for workers, consumers, and shareholders. I also warned a BBC audience that proponents...
by Dan Mitchell | Jul 16, 2021 | Blogs, Economics, Tax Competition, Tax Harmonization, Taxation
I critiqued Biden’s proposal for a global corporate tax cartel as part of a recent discussion with South Africa’s Free Market Foundation. Here’s the segment where I explain why it would be bad for developing nations. At the risk of stating the...
by Dan Mitchell | Jul 9, 2021 | Blogs, Tax Competition, Tax Harmonization, Taxation
When President Biden proposed a “global minimum tax” for businesses, I immediately warned that would lead to ever-increasing tax rates. Ross Kaminsky of KHOW and I discussed how this is already happening. I hate being right, but it’s always safe to...
by Dan Mitchell | Jun 25, 2021 | Tax Competition, Tax Harmonization, Taxation
Yesterday’s column explained why Biden’s proposed global cartel for corporate taxation was a bad idea. In this clip from a recent panel hosted by the Austrian Economics Center in Vienna, I speculated on whether the plan would become reality. I encourage you to watch...
by Dan Mitchell | Jun 24, 2021 | Blogs, Tax Competition, Taxation
When governments have to compete with each other, we get lower tax rates. That’s good for taxpayers and good for growth. But politicians hate limits on their taxing power, which is why Biden has proposed a global tax cartel. Here are some of my remarks made yesterday...
