by Dan Mitchell | Feb 16, 2013 | Blogs, Tax Competition, Tax Havens, Taxation
Every so often, you get a “teaching moment” in Washington, and we now have an excellent opportunity to educate lawmakers about the “offshore” world because President Obama’s nominee to be Treasury Secretary has been caught with his hand in the tax haven cookie jar....
by Dan Mitchell | Feb 13, 2013 | Big Government, Blogs, Government Spending, Taxation, VAT
The value-added tax is a pernicious levy. It’s basically a hidden form of national sales tax, imposed every time a transaction occurs at any stage of the production process. But what irks me about the VAT is not its design (indeed, it shares some key characteristics...
by Dan Mitchell | Feb 12, 2013 | Blogs, Tax Competition, Tax Havens, Taxation
I’m a huge fan of so-called tax havens. I’ve been working for more than 10 years to protect and promote the values of tax competition, fiscal sovereignty, and financial privacy. The bureaucrats at the OECD even threatened to have me tossed in a Mexican jail because I...
by Dan Mitchell | Feb 10, 2013 | Big Government, Blogs, Taxation
In previous posts, I’ve expressed pessimism about the future of the United Kingdom, largely because all political parties have a statist mentality. I criticized Gordon Brown, the former Labor Party Prime Minister, for being a compulsive redistributionist, big spender,...
by Dan Mitchell | Feb 5, 2013 | Big Government, Blogs, Taxation
Those of you old enough to remember the Cold War may remember something called the Brezhnev Doctrine. This was the rule concocted by the Soviet tyrants that basically said a nation could never regain freedom once it fell under communist rule. In my simple way of...