by Dan Mitchell | Oct 13, 2014 | Big Government, Blogs, Tax Harmonization, Taxation
The United Nations is not nearly as bad as other international bureaucracies such as the Organization for Economic Cooperation and Development or the International Monetary Fund. But that’s because the U.N. tends to be completely ineffective. So even when the...
by Dan Mitchell | Sep 23, 2014 | Blogs, Tax Competition, Tax Harmonization, Tax Havens, Taxation
People pay every single penny of tax that politicians impose on corporations. The investors that own companies obviously pay (more than one time!) when governments tax profits. The workers employed by companies obviously pay, both directly and indirectly, because of...
by Dan Mitchell | Sep 1, 2014 | Big Government, Blogs, Economics, Laffer Curve, Taxation
I’ve already shared a bunch of data and evidence on the importance of low tax rates. A review of the academic evidence by the Tax Foundation found overwhelming support for the notion that lower tax rates are good for growth. An economist from Cornell found lower tax...
by Dan Mitchell | Aug 6, 2014 | Blogs, Taxation
Since I’m an economist, I generally support competition. But it’s time to admit that competition isn’t always a good idea. Particularly when international bureaucracies compete to see which one can promote the most-destructive pro-tax policies. For instance, I noted...
by Dan Mitchell | Jul 30, 2014 | Blogs, Financial Privacy, Tax Competition, Taxation
It’s a bad idea when governments demand information on your bank accounts and investments so they can impose economically destructive double taxation. It’s a worse idea when they also demand the right to tax economic activity in other jurisdictions (otherwise known as...