Relevant and even prescient commentary on news, politics and the economy.

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Obama’s FY 2011 Budget

…don’t want to recognize that the US, after all, is a tax haven, with lower effective corporate tax rates than most OECD countries. It isn’t the tax structure that is…

The Irish Economic Miracle and Tax Policy

…its effective tax rate by using transfer pricing manipulation to shift U.S. income into tax-advantaged Ireland. The really odd thing about the tax cut jihadists in the U.S. is that…

Capital Taxation and Growth: International Evidence

…countries for which there was data are then divided into three groupings: “Low Tax” countries, with tax rates on capital below 10%; “Medium Tax” countries, with tax rates between 10%…

Putin Tax: Back in the USSR

…flat tax is being instituted to enhance economic growth, increase tax revenues and make tax codes fairer. Why not in the U.S. After all, isn’t the world topsy-turvy when Moscow,…

Sulli v. Daily Howler on the Flat Tax

…would be no tax on Social Security. No tax on pensions. No tax on personal savings. It would zero out capital gains taxes. So no taxation on capital income. I…

My GASB comments

…many states allow companies to keep personal income tax withholding from their employees. In Missouri, local taxing districts called transportation development districts collect an extra sales tax from customers, but…