by Dan Mitchell | May 1, 2010 | Blogs, Taxation, Uncategorized
Obama imposed higher tax rates on the so-called rich as part of his government-run healthcare scheme, and he wants to punish success with additional tax rate increases at the end of this year. This excerpt from a New York Post column comments on how many people are...
by Dan Mitchell | Apr 30, 2010 | Big Government, Blogs, Taxation, Uncategorized
The politicians are urging big taxes on banks, using rhetoric designed to trick people into thinking that this is a way to make the banks pay for their own bailouts. But a general tax on all banks simply means that well-run banks subsidize the reckless banks – a...
by Dan Mitchell | Apr 28, 2010 | Big Government, Blogs, Taxation, VAT
His article doesn’t completely slam the door on a value-added tax, but Robert Samuleson’s piece in the Washington Post does highlight some of the very serious problems with a VAT – including more government spending, burdens on families, additional...
by Geoffrey MacLeay | Apr 26, 2010 | Free Market, Taxation
The New York Times ran an article this week about an increasing number of Americans living and working abroad who are considering taking the drastic step of giving up their American citizenship. Most of these expats would ideally like to maintain their citzenship but...
by Dan Mitchell | Apr 22, 2010 | Blogs, Free Market, Taxation
Tax-news.com reports that the French and Italian governments want Europe to impose a tax on imports from nations that don’t adopt misguided climate-change/global-warming rules. This is awful policy, but the good news is that such a policy presumably won’t...