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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 […]

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Hillary Clinton’s “Exit Tax” Is an Unseemly Example of Banana Republic Economics

If you get into the weeds of tax policy and had a contest for parts of the internal revenue code that are “boring but important,” depreciation would be at the top of the list. After all, how many people want to learn about America’s Byzantine system that imposes a discriminatory tax penalty on new investment? […]

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Tax Complexity Is a Tax on Paying Taxes

What’s the best measure of the tax burden on the U.S. economy? Is it the amount of money that we’re forced to surrender to the knaves in Washington (i.e., the difference between our pre-tax income and post-tax consumption)? Or is it the loss of economic output caused by high tax rates, distorting preferences, and pervasive […]

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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 […]

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Libertarian Humor for a Dismal Topic

I’m a bleeding heart libertarian in that I get most upset about statist policies that make life harder for disadvantaged people so that folks with more money can get undeserved goodies. For instance, I despise anti-school choice leftists because they value political support from teacher unions more than they value opportunity for poor kids. And […]

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A Primer on the Corporate Income Tax: Everything You Need to Know about Creating a Simple System that Taxes Income only One Time

My opinion on taxing corporate income varies with my mood. When I’m in a fiery-libertarian phase, I want to abolish taxes on corporate income for the simple reason that all income taxes should be eliminated. Heck, I would also eliminate October 3 from the calendar because that’s the awful day in 1913 that the income […]

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