by Dan Mitchell | 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...
by Dan Mitchell | Apr 18, 2011 | Blogs
Happy Tax Day! Or, if you’re like me, happy tax extension filing day. In the past couple of days, I’ve posted about the benefits of a better tax system and the unfairness of the current system. Those were compelling posts, at least I hope. But now let’s tie these...
by Dan Mitchell | Apr 17, 2011 | Big Government, Blogs, Economics, Flat Tax, Taxation
Since it is tax-filing season and we all want to honor our wonderful tax system, let’s go into the archives and show this video from last year about the onerous compliance costs of the internal revenue code. Narrated by Hiwa Alaghebandian of the American Enterprise...
by Dan Mitchell | Apr 16, 2011 | Big Government, Blogs, Flat Tax, Taxation
If you go to the IRS website, there are about one thousand forms (and accompanying material such as instruction documents) that you can download. Fortunately, most of us only have to worry about a small fraction of what’s on that list, but it’s still a nightmare – and...
by Dan Mitchell | Apr 13, 2011 | Big Government, Blogs, Government Spending, Taxation
Responding to widespread criticism of his AWOL status on the budget fight, President Obama today unveiled a fiscal plan. It already is being criticized for its class warfare approach to tax policy, but the most disturbing feature may be a provision that punishes the...
