Senator Rubio, Representative Posey, and other Lawmakers Fighting to Stop IRS Proposal that Would Drive Investment from U.S. Economy

by | Apr 24, 2011 | Big Government, Blogs, Financial Privacy, Regulations, Tax Competition, Tax Havens, Taxation

There hasn’t been much good economic news in recent years, but one bright spot for the economy is that the United States is a haven for foreign investors and this has helped attract more than $10 trillion to American capital markets according to Commerce Department...

Reckless IRS Regulation Would Put Foreign Tax Law over American Tax Law and Drive Investment out of the United States

by | Apr 11, 2011 | Blogs, Economics, Financial Privacy, Tax Competition, Tax Havens, Taxation

I’m not a big fan of the IRS, but usually I blame politicians for America’s corrupt, unfair, and punitive tax system. Sometimes, though, the tax bureaucrats run amok and earn their reputation as America’s most despised bureaucracy. Here’s an example. Earlier this...

British Business Writer Explains: Thanks to Tax Competition and Tax Havens, the Greed of the Political Class Is Being Constrained

by | Mar 20, 2011 | Blogs, Economics, Tax Competition, Tax Harmonization, Tax Havens, Taxation

Regular readers know that I’m a big fan of tax competition because politicians are less likely to misbehave if the potential victims of plunder have the ability to escape across borders. Here is an excerpt from a superb article by Allister Heath, one of the U.K.’s...