by Dan Mitchell | Apr 21, 2010 | Blogs, Tax Competition, Tax Harmonization, Taxation
Being an American citizen is an honor in many ways, but it is a huge millstone around the neck for highly successful investors and entrepreneurs because of an oppressive and complex tax system. This is particularly true for those based in and/or competing in global...
by Geoffrey MacLeay | Apr 19, 2010 | Taxation, VAT
Last Thursday, the Senate took a vote on a non-binding “sense of the Senate” resolution concerning a Value Added Tax. The result was an 85-13 victory for the anti-VAT side. The roll call can be found here. The statement of purpose read as follows: Expressing the...
by Geoffrey MacLeay | Apr 9, 2010 | Big Government, Taxation
The New York City NBC affiliate reported this week that twenty six professional tax preparers were wanted or arrested on tax fraud charges as the result of a recent crackdown. Some of the preparers allegedly used the names of dead people to collect fraudulent...
by Dan Mitchell | Mar 22, 2010 | Blogs, Health Care, Taxation
I know I promised extra political humor this week, but here’s some extra policy pain. Not only does government-run healthcare mean more spending, more regulation,and more taxes, but it also means more power for the internal revenue service. A new report reveals...
by Dan Mitchell | Mar 22, 2010 | Blogs, Uncategorized
An insightful editorial from the Wall Street Journal examines how soak-the-rich taxes in Maryland backfired, leading to less revenue for the government. The politicians would like us to think this is just the effect of the recession, but the article points out that...
