by Dan Mitchell | Feb 2, 2010 | Blogs, Economic Growth, Taxation
It is horribly unjust that politicians do things to destabilize the economy, but it is workers in the productive sector of the economy who pay the price by losing their jobs and foregoing wage increases. To add insult to injury, government bureaucrats are living the...
by Dan Mitchell | Feb 2, 2010 | Big Government, Blogs, Economic Growth
New data from the Bureau of Labor Statistics shows that only 7.2 percent of private-sector workers belong to unions, which makes sense since unions behave in a myopic fashion and undermine competitiveness (and thus reduce jobs in the long run). On the other had,...
by Dan Mitchell | Feb 1, 2010 | Blogs, Taxation
While most political observers are paying lots of attention to the stunning Senate race in Massachusetts, there were two important ballot initiatives in Oregon on Tuesday and in both cases 54 percent of voters decided to impose higher tax rates on some of their...
by Dan Mitchell | Jan 27, 2010 | Blogs, Privacy, Tax Harmonization, Taxation
A Swiss court just threw a wrench in the gears of an IRS effort to impose bad US tax law on an extraterritorial basis, ruling that UBS does not have to hand over data to the American tax authorities. This ruling nullifies an agreement that the Swiss government was...
by Geoffrey MacLeay | Jan 24, 2010 | Economic Growth, Free Market, Taxation
In a National Review Online article, Kevin Williamson notes that a proposed federal banking tax seems purely inspired by vilification politics, but will none-the-less put American banks at a very real competitive disadvantage in the global market: The new proposed tax...
