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Tag Archives: tax evasion
Patriotism, Loyalty, Tax Competition, and ‘Tax Fugitives’
I fight to preserve tax competition, fiscal sovereignty, and financial privacy for the simple reason that politicians are less likely to impose destructive tax policy if they know that labor and capital can escape to jurisdictions with more responsible fiscal climates. My opponents in this battle are high-tax governments, statist international bureaucracies such as the [...]
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Also tagged 2012 Budget, Big Government, congress, Culture, economics, economy, Federal Spending, Financial Services, Fiscal Policy, Global Taxation, Government Thuggery, International Bureaucracy, International taxation, IRS, Justice/Legal, news, Obama, OECD, Organization for Economic Cooperation and Development, politics, Regulation, Sovereignty, Switzerland, Tax Avoidance, Tax Competition, Tax Compliance, Tax Harmonization, Tax haven, Tax Reform, taxation, taxes, Tea Party
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New Academic Study Confirms that Lower Tax Rates Are the Best Way to Reduce Tax Evasion
Leftists want higher tax rates and they want greater tax compliance. But they have a hard time understanding that those goals are inconsistent. Simply stated, people respond to incentives. When tax rates are punitive, folks earn and report less taxable income, and vice-versa. When tax rates increase, sometimes they engage in tax avoidance, lowering their [...]
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Also tagged 2012 Budget, Big Government, class warfare, congress, economics, economy, Federal Spending, Flat Tax, Government spending, Internal Revenue Service, IRS, Justice/Legal, news, Obama, Obamacare, politics, Tax Avoidance, Tax complexity, Tax Compliance, Tax Reform, taxation, taxes, Underground Economy, unemployment
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