Warning: Parameter 2 to SyndicationDataQueries::posts_search() expected to be a reference, value given in /home4/sattek/roguepolitics.com/wp-includes/class-wp-hook.php on line 298

Warning: Parameter 2 to SyndicationDataQueries::posts_where() expected to be a reference, value given in /home4/sattek/roguepolitics.com/wp-includes/class-wp-hook.php on line 298

Warning: Parameter 2 to SyndicationDataQueries::posts_fields() expected to be a reference, value given in /home4/sattek/roguepolitics.com/wp-includes/class-wp-hook.php on line 298

Warning: Parameter 2 to SyndicationDataQueries::posts_request() expected to be a reference, value given in /home4/sattek/roguepolitics.com/wp-includes/class-wp-hook.php on line 298
Tax Competition « Rogue Politics

Categories

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

New “Tax Oppression Index” Shows Grim Toll of OECD’s Statist Agenda

Back in 2009, I shared the results of a very helpful study by Pierre Bessard of Switzerland’s Liberal Institute (by the way, “liberal” in Europe means pro-market or “classical liberal“). Pierre ranked the then-30 member nations of the Organization for Economic Cooperation and Development based on their tax burdens, their quality of governance, and their […]

Continue reading New “Tax Oppression Index” Shows Grim Toll of OECD’s Statist Agenda

. . . → Read More: New “Tax Oppression Index” Shows Grim Toll of OECD’s Statist Agenda

Oxfam: A Leftist Joke, not a Real Charity

While my colleagues are stuck in the cold of Washington for inauguration week, I’m enjoying a few days in the Caribbean. More specifically, I’m sharing my views today on Trump and the global economy at the annual Business Outlook Conference in the British Virgin Islands. Yes, another example of the sacrifices I make in the […]

Continue reading Oxfam: A Leftist Joke, not a Real Charity

. . . → Read More: Oxfam: A Leftist Joke, not a Real Charity

Concerns about the”Border Adjustable” Tax Plan from the House GOP, Part III

In the world of tax policy, there’s an intense debate about the “border-adjustable” provision that is part of the tax plan put forth by House Republicans, which basically would tax imports and exempt revenues generated by exports. It’s a bit wonky, but the simplest explanation is that GOPers want to replace the current corporate income […]

Continue reading Concerns about the”Border Adjustable” Tax Plan from the House GOP, Part III

. . . → Read More: Concerns about the”Border Adjustable” Tax Plan from the House GOP, Part III

Tax Competition: A Necessary Liberalizing Process to Discipline the “Stationary Bandit” of Government

Mancur Olson (1932-1998) was a great economist who came up with a very useful analogy to help explain the behavior of many governments. He pointed out that a “roving bandit” has an incentive to maximize short-run plunder by stealing everything from victims (i.e. a 100 percent tax rate), whereas a “stationary bandit” has an incentive […]

Continue reading Tax Competition: A Necessary Liberalizing Process to Discipline the “Stationary Bandit” of Government

. . . → Read More: Tax Competition: A Necessary Liberalizing Process to Discipline the “Stationary Bandit” of Government

Concerns about the”Border Adjustable” Tax Plan from the House GOP, Part II

I wrote yesterday to praise the Better Way tax plan put forth by House Republicans, but I added a very important caveat: The “destination-based” nature of the revised corporate income tax could be a poison pill for reform. I listed five concerns about a so-called destination-based cash flow tax (DBCFT), most notably my concerns that […]

Continue reading Concerns about the”Border Adjustable” Tax Plan from the House GOP, Part II

. . . → Read More: Concerns about the”Border Adjustable” Tax Plan from the House GOP, Part II

Defending the World Bank

To be blunt, I don’t think the World Bank should exist. We don’t need an international bureaucracy to promote economic development in poor nations. Particularly since the policies that we know will work – free markets and small government – oftentimes are hindered by intervention from multilateral institutions such as the World Bank. For example, […]

Continue reading Defending the World Bank

. . . → Read More: Defending the World Bank

The Growing Need for Trump’s Proposed 15 percent Corporate Tax Rate

There are several features of President-Elect Trump’s tax plan that are worthy of praise, including death tax repeal, expensing, and lower marginal tax rates on households. But the policy that probably deserves the most attention is Trump’s embrace of a 15 percent tax rate for business. What makes this policy so attractive – and vitally […]

Continue reading The Growing Need for Trump’s Proposed 15 percent Corporate Tax Rate

. . . → Read More: The Growing Need for Trump’s Proposed 15 percent Corporate Tax Rate

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 […]

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

. . . → Read More: The European Commission’s Attack on Apple and Ireland Is Really an Attack on Tax Competition

Borders Limit Freedom but Promote Liberty

Like all good libertarians, I hate waiting in government-mandated lines. Heck, you don’t even have to be a curmudgeonly libertarian to have unpleasant thoughts about the Post Office or Department of Motor Vehicles (not to mention the virtual lines that exist for people stuck on hold after calling the IRS or some other inefficient bureaucracy). […]

Continue reading Borders Limit Freedom but Promote Liberty

. . . → Read More: Borders Limit Freedom but Promote Liberty

European Commission Launches Shakedown of Apple, Asserts Low Taxes Are “State Aid”

Working the world of public policy, I’m used to surreal moments. Such as the assertion that there are trillions of dollars of spending cuts in plans that actually increase spending. How do you have a debate with people who don’t understand math? Or the oft-repeated myth that the Reagan tax cuts for the rich starved […]

Continue reading European Commission Launches Shakedown of Apple, Asserts Low Taxes Are “State Aid”

. . . → Read More: European Commission Launches Shakedown of Apple, Asserts Low Taxes Are “State Aid”

The European Commission’s War against Pro-Growth Corporate Tax Policy

I have a love-hate relationship with corporations. On the plus side, I admire corporations that efficiently and effectively compete by producing valuable goods and services for consumers, and I aggressively defend those firms from politicians who want to impose harmful and destructive forms of taxes, regulation, and intervention. On the minus side, I am disgusted […]

Continue reading The European Commission’s War against Pro-Growth Corporate Tax Policy

. . . → Read More: The European Commission’s War against Pro-Growth Corporate Tax Policy

A Cartoon that Tells You Everything You Need to Know about International Bureaucracies

Okay, I’ll admit the title of this post is an exaggeration. There are lots of things you should know – most bad, though some good – about international bureaucracies. That being said, regular readers know that I get very frustrated with the statist policy agendas of both the International Monetary Fund and the Organization for […]

Continue reading A Cartoon that Tells You Everything You Need to Know about International Bureaucracies

. . . → Read More: A Cartoon that Tells You Everything You Need to Know about International Bureaucracies

Switzerland’s Self-Destructive Wealth Tax Should Be Abolished

While Switzerland is one of the world’s most market-oriented nations, ranked #4 by Economic Freedom of the World, it’s not libertarian Nirvana. Government spending, for instance, consumes about one-third of economic output. That may be the second-lowest level among all OECD nations (fast-growing South Korea wins the prize for the smallest public sector relative to […]

Continue reading Switzerland’s Self-Destructive Wealth Tax Should Be Abolished

. . . → Read More: Switzerland’s Self-Destructive Wealth Tax Should Be Abolished

Is Defending Tax Competition Akin to “Trading with the Enemy”?

When I was younger, my left-wing friends said conservatives unfairly attacked them for being unpatriotic and anti-American simply because they disagreed on how to deal with the Soviet Union. Now the shoe is on the other foot. Last decade, a Treasury Department official accused me of being disloyal to America because I defended the fiscal […]

Continue reading Is Defending Tax Competition Akin to “Trading with the Enemy”?

. . . → Read More: Is Defending Tax Competition Akin to “Trading with the Enemy”?

Lessons from Monaco on the Benefits of Zero Income Tax

I wonder whether October 3, 1913, was the worst day in American history. That’s when one of America’s worst presidents signed into law the income tax. The top rate was only 7 percent when Woodrow Wilson approved the income tax, and the tax only applied to the very richest Americans. But as is so often […]

Continue reading Lessons from Monaco on the Benefits of Zero Income Tax

. . . → Read More: Lessons from Monaco on the Benefits of Zero Income Tax

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 […]

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

. . . → Read More: Rand Paul’s Heroic and Vital Fight against Global Scheme to Destroy Financial Privacy

The Necessary and Valuable Economic Role of Tax Havens

Economists certainly don’t speak with one voice, but there’s a general consensus on two principles of public finance that will lead to a more competitive and prosperous economy. Lower tax rates are more conducive to work and entrepreneurship than higher tax rates. Reducing the tax bias against capital formation will improve growth by increasing saving […]

Continue reading The Necessary and Valuable Economic Role of Tax Havens

. . . → Read More: The Necessary and Valuable Economic Role of Tax Havens

Taxing Lessons from Europe for Hillary Clinton (a Supposed Fiscal Conservative)

I wrote yesterday about the Obama Administration’s head-in-the-sand approach regarding the anti-competitive nature of America’s corporate tax system (though maybe fiddling while Rome burns is a better metaphor). Fortunately, some nations have more sensible policy makers. Even in Europe, which might come as a surprise to the pair of class warriors battling for the Democratic […]

Continue reading Taxing Lessons from Europe for Hillary Clinton (a Supposed Fiscal Conservative)

. . . → Read More: Taxing Lessons from Europe for Hillary Clinton (a Supposed Fiscal Conservative)

The “Race to the Bottom” and Global Minimum Corporate Taxes

Imagine if you had the chance to play basketball against a superstar from the NBA like Stephen Curry. No matter how hard you practiced beforehand, you surely would lose. For most people, that would be fine. We would console ourselves with the knowledge that we tried our best and relish he fact that we even […]

Continue reading The “Race to the Bottom” and Global Minimum Corporate Taxes

. . . → Read More: The “Race to the Bottom” and Global Minimum Corporate Taxes

Democracy, Societal Collapse, Public Choice, Goldfish, and Tax Competition

There’s a very powerful statement, variously attributed to Alexis de Toqueville, Benjamin Franklin, or Alexander Tytler, that basically warns that democracy is doomed when people figure out they can vote themselves money. There’s no evidence that any of them actually spoke or wrote those words, though I guess it doesn’t matter that the quote didn’t […]

Continue reading Democracy, Societal Collapse, Public Choice, Goldfish, and Tax Competition

. . . → Read More: Democracy, Societal Collapse, Public Choice, Goldfish, and Tax Competition