Regulars

Half Baked

Petit Tyrants

The Irish Tax Policy Debate: Bono 1 – Irish Union Bosses 0

I wrote last year about the remarkable acknowledgement by Bono that free markets were the best way to lift people out of poverty. The leader of the U2 band and long-time anti-poverty activist specifically stated that, “capitalism has been the most effective ideology we have known in taking people out of extreme poverty.” As the […]

Continue reading The Irish Tax Policy Debate: Bono 1 – Irish Union Bosses 0

America’s Anti-Competitive and Anti-Comity International Tax System, Part I

Most of us will never be directly impacted by the international provisions of the internal revenue code. That’s bad news because it presumably means we don’t have a lot of money, but it’s good news because IRS policies regarding “foreign-source income” are a poisonous combination of complexity, harshness, and bullying (which is why only taxpayers […]

Continue reading America’s Anti-Competitive and Anti-Comity International Tax System, Part I

America’s Anti-Competitive and Anti-Comity International Tax System, Part I

Most of us will never be directly impacted by the international provisions of the internal revenue code. That’s bad news because it presumably means we don’t have a lot of money, but it’s good news because IRS policies regarding “foreign-source income” are a poisonous combination of complexity, harshness, and bullying (which is why only taxpayers […]

Continue reading America’s Anti-Competitive and Anti-Comity International Tax System, Part I

The OECD’s Scheme to Raise Tax Burdens on Workers, Consumers, and Investors

People pay every single penny of tax that politicians impose on corporations. The investors that own companies obviously pay (more than one time!) when governments tax profits. The workers employed by companies obviously pay, both directly and indirectly, because of corporate income tax. And consumers also bear a burden thanks to business taxes that lead […]

Continue reading The OECD’s Scheme to Raise Tax Burdens on Workers, Consumers, and Investors

Embarrassment Alert: America’s Tax System Ranks Below Italy, Greece, and Mexico

I’ve complained over and over again that America’s tax code is a nightmare that undermines competitiveness and retards growth. Our aggregate fiscal burden may not be as high as it is for many of our foreign competitors, but high tax rates and poor design mean the system is very punitive on a per-dollar-raised basis. For […]

Continue reading Embarrassment Alert: America’s Tax System Ranks Below Italy, Greece, and Mexico

Laughing about Corporate Inversions

There’s lot of criticism of the IRS and the tax code on the Internet. Indeed, I like to think I contribute my fair share. But I’m surprised at (what I consider to be be) the limited amount of humor on those topics. As I look through my archives, I can find only a few cartoons […]

Continue reading Laughing about Corporate Inversions