Rand Paul Debunks the Shameful Demagoguery against Apple

Senator Rand Paul is perhaps even better than I thought he would be. He already is playing a very substantive role on policy, ranging from his actions of big-picture issues, such as his proposed budget that would significantly shrink the burden of government spending, to his willingness to take on lower-profile but important issues such as […] . . . → Read More: Rand Paul Debunks the Shameful Demagoguery against Apple

Rand Paul Debunks the Shameful Demagoguery against Apple

Senator Rand Paul is perhaps even better than I thought he would be. He already is playing a very substantive role on policy, ranging from his actions of big-picture issues, such as his proposed budget that would significantly shrink the burden of government spending, to his willingness to take on lower-profile but important issues such as […] . . . → Read More: Rand Paul Debunks the Shameful Demagoguery against Apple

Four Reasons to Applaud Apple’s Tax Planning

The Senate is holding a Kangaroo Court designed to smear Apple for not voluntarily coughing up more tax revenue than the company actually owes. Here are four things you need to know. Apple is fully complying with the tax law. There is no suggestion that Apple has done anything illegal. The company is being berated […] . . . → Read More: Four Reasons to Applaud Apple’s Tax Planning

OECD Study Admits Income Taxes Penalize Growth, Acknowledges that Tax Competition Restrains Excessive Government

I have to start this post with a big caveat. I’m not a fan of the Paris-based Organization for Economic Cooperation and Development. The international bureaucracy is infamous for using American tax dollars to promote a statist economic agenda. Most recently, it launched a new scheme to raise the tax burden on multinational companies, which […] . . . → Read More: OECD Study Admits Income Taxes Penalize Growth, Acknowledges that Tax Competition Restrains Excessive Government

Can You Name the One Nation in the World with a Higher Corporate Tax Rate than the United States?

I’ve made the point before that the United States foolishly imposes the highest corporate tax rate of all developed nations. But that obviously means it is theoretically possible for there to be a nation in the developing world that has a higher corporate tax rates. Well, according to this map produced by the Financial Times, [...] . . . → Read More: Can You Name the One Nation in the World with a Higher Corporate Tax Rate than the United States?

New GAO Study Mistakenly Focuses on Make-Believe Tax Expenditures

I’m very leery of corporate tax reform, largely because I don’t think there are enough genuine loopholes on the business side of the tax code to finance a meaningful reduction in the corporate tax rate. That leads me to worry that politicians might try to “pay for” lower rates by forcing companies to overstate their [...] . . . → Read More: New GAO Study Mistakenly Focuses on Make-Believe Tax Expenditures