Cutting Company Taxes is a Race to the Bottom
Corporations are winning an ideological battle, securing lower income taxes around the world. But how far can this trend go?
Read more...Category Archives: Taxes
Michael Hudson: How Debt-Driven Home Price Increases Shafted Homeowners
Michael Hudson debunks the myth that rising home prices are always a boon to homeowners.
Read more...Donald Trump: “My 100-Day Action Plan”
A look at Trump’s major proposals.
Read more...Panama Papers: The Role of Western Secrecy Jurisdictions in Looting Africa
Africa, despite having many of the poorest countries in the world, is nevertheless a capital exporter due to bank secrecy and tax gaming.
Read more...Wolf Richter: Come on Moody’s, Spare Us These Falsehoods: That $1.3 Trillion “Overseas Cash” Is Already in the US
Moody’s turns into tax lobbyist for its biggest corporate clients.
Read more...Private Equity Consultant Hamilton Lane Trots Out New Excuse, “Evil Populists,” for Already-Flagging Private Equity Performance
Funny how it’s OK for defenders of the 0.1% like Hamilton Lane to blame class warfare on their soon-to-be-fallen standing, but not the 99%.
Read more...How Does Diversity Affect Economic Growth? A Look at Data on Immigration, Tax Rates and Real GDP per Capita
Why Trump’s tax policies and Clinton’s immigration policies are both deficient in terms of their stated objective of promoting growth.
Read more...Podcast: Iceland – Offshorisation, Collapse and Recovery. What Are the Lessons?
A discussion of the role that offshore played in Iceland’s banking bubble and implosion, plus a high level corruption scandal in Spain.
Read more...Switzerland Seen Backing Down on Supporting Tax Haven USA
The US gets some badly-needed pushback on the tax haven front.
Read more...Popular Acceptance of Inequality Due to Brute Luck
People don’t mind inequality due to “brute luck”…but is one man’s brute luck another man’s rigged system?
Read more...Report: New Data Disproves US Corporations’ False Narrative on Taxes
A new study on corporate tax havens shows how multinational corporations avoiding U.S. taxes represents a transfer to them from workers.
Read more...Report: Why We Need to Tax Corporations Now, More Than Ever
Why the idea that corporations should get favored tax treatment is dubious.
Read more...The Bahamas’ Giant, Fist-Pumping Screw-You to the Civilized World
The Bahamas decides to compete aggressively to become the most infamous tax haven around.
Read more...Corporate Tax Cuts: More Debunking of the Claim that They Spur Growth
Contrary to aggressive corporate PR, why corporate tax cuts do not promote investment in projects that promote growth.
Read more...Taxcast on Big Four Accounting and the Duke of Westminster
Should the Big Four be broken up? And how about the Duke of Westminster’s $9 billion tax-free inheritance?
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