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The European Commission’s Attack on Apple and Ireland Is Really an Attack on Tax Competition

I’ve previously written about the bizarre attack that the European Commission has launched against Ireland’s tax policy. The bureaucrats in Brussels have concocted a strange theory that Ireland’s pro-growth tax system provides “state aid” to companies like Apple (in other words, if you tax at a low rate, that’s somehow akin to giving handouts to […]

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Rand Paul’s Heroic and Vital Fight against Global Scheme to Destroy Financial Privacy

The Foreign Account Tax Compliance Act (FATCA) arguably is the worst feature of the internal revenue code. It’s an odious example of fiscal imperialism that is based on a very bad policy agenda. But there is something even worse, a Multilateral Convention on Mutual Administrative Assistance in Tax Matters that has existed for decades but […]

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Why Is the Obama Administration Allowing an International Bureaucracy to Push Tax Policies that Will Make America Companies Less Competitive?

Most normal Americans have never heard of the “Base Erosion and Profit Shifting” project being pushed by the tax-loving bureaucrats at the Paris-based Organization for Economic Cooperation and Development. But in the world of tax policy, BEPS is suddenly attracting a lot of attention, mostly because the business community has figured out it’s a scheme […]

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A Supranational Eurozone Government: Bad for Europe, Really Bad for Germany

If you want to pinpoint the leading source of bad economic policy proposals, I would understand if someone suggested the Obama Administration. But looking to Europe might be even more accurate. For instance, I’d be hard pressed to identify a policy more misguided than continent-wide eurobonds, which I suggested would be akin to “co-signing a […]

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Europe: Doubling Down on Statism

One would think that Europeans might finally be realizing that an ever-growing welfare state and an ever-rising tax burden are a form of economic suicide. The most obvious bit of evidence is to look at what’s happening in Greece. Simply stated, public policy for too long has punished workers and producers while rewarding looters and […]

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In the OECD’s Fantasy World, Higher Business Taxes and more Government Spending Are Good for Growth

Over the years, I’ve shared some ridiculous arguments from our leftist friends. Paul Krugman, for instance, actually wrote that “scare stories” about government-run healthcare in the United Kingdom “are false.” Which means I get to recycle that absurd quote every time I share a new horror story about the failings of the British system. Today […]

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The Link Between Systemic Risk and One-Size-Fits-All Regulation

After the financial crisis, the consensus among government officials was that we needed more regulation. This irked me in two ways. 1. I don’t want more costly red tape in America, particularly when the evidence is quite strong that the crisis was caused by government intervention. Needless to say, the politicians ignored my advice and […] . . . → Read More: The Link Between Systemic Risk and One-Size-Fits-All Regulation . . . → Read More: The Link Between Systemic Risk and One-Size-Fits-All Regulation