Tags » Tax Competition

Restricting the Deduction for State and Local Taxes Is a Big [Expletive Deleted] Deal

During the Obamacare bill-signing ceremony, Vice President Biden had a “hot mic” incident when he was overheard telling Obama that “this is a big f***ing deal.” 1,411 more words

Fiscal Policy

Nightmare for New York and California: Tax Reform Will Put Added Pressure on High-Tax States

The right kind of tax reform can help people directly and indirectly.

  • They benefit directly if reform reduces their tax burden and gives them more take-home income.
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Taxation

What's the Best Reason to Support Tax Havens, Protecting Human Rights or Restraining Greedy Politicians?

The late Mancur Olsen was a very accomplished academic economist who described the unfortunate tendency of vote-seeking governments to behave like “stationary bandits,” seeking to extract the maximum amount of money from taxpayers. 810 more words

Economics

The Paradise Papers should lead us towards a new global tax system

Last week, I published an op-ed in Danish newspaper Politiken with my colleague Saila Stausholm. I reproduce it below, liberally translated, for those interested. Given the op-ed format, it naturally has certain limitations and a certain style that differs from my usual writings on this blog – so take that into account. 2,398 more words

Tax Havens

Higher Tax Rates = Fewer Superstar Innovators

I shared some academic research last year showing that top-level inventors are very sensitive to tax policy and that they migrate from high-tax nations to low-tax jurisdictions. 837 more words

Fiscal Policy

France, Yachts, and the Real Victims of Class-Warfare Taxation

Remember John Kerry, the former Secretary of State and Massachusetts Senator, the guy who routinely advocated higher taxes but then made sure to protect his own wealth? 1,166 more words

Taxation