EU Calls Displays Economic Stupidity at its Finest
i>The Minister of Finance and Public Administration, CriThe sheer stupidity out of nannycrats in Brussels is staggering. Smack in the midst of a depression, Brussels once again calls on Spain to...
View ArticleVATs used to Accomplish Same Goals as Currency Devaluation
<p>The VAT is used as a trade strategy to accomplish the same benefits as currency devaluation. The VAT strategy is called “fiscal devaluation” and I’ll explain it at the bottom. It took me three...
View ArticleDumb and Dumber Tax Hikes
One of the dumbest things a country can do in a recession is raise taxes. Yet, after pronouncing the end of austerity, Italy's "grand coalition" government, led by Enrico Letta, is going to hike the...
View ArticleFlat tax? Sales tax? Value-added tax? (What's your preferred tax fix?)
What type of tax reform do you want? Simplification of the existing progressive income tax system? A flat tax? A sales tax? A value-added tax? Tax professionals, economists, elected officials and...
View ArticleGermany Recognizes Bitcoin As “Private Money”; Sales Tax Coming...
After a parliamentary inquiry, Germany has clarified its position on Bitcoin. The federal ministry of finance recognized Bitcoins as “units of account”—the cryptocurrency is therefore be considered as...
View ArticleWise Words on Fiscal Sovereignty (sort of) from an Unlikely Source
I’ve always had a soft spot in my heart for Bill Clinton. In part, that’s because economic freedom increased and the burden of government spending was reduced during his time in office. Partisans can...
View ArticleLaw of Unintended Consequences: New EU Tax Laws Force Thousands of Businesses...
Law of Unintended Consequences: New EU Tax Laws Force Thousands of Businesses to Close in Just Six Months { Full title ]. New European Union tax rules introduced in January have already driven...
View ArticleBitcoin in the Headlines: VAT Galore
Mainstream outlets from across the world reported the sentencing of rogue Drug Enforcement Agent Carl Mark Force to 78 months in prison this week, and in so doing brought bitcoin's association with...
View ArticleFlat-Tax Plans: All Are Good, None Are Perfect
Any flat tax is a great improvement over our current system, so conservatives shouldn’t quibble over details. Here's a no-good-deed-goes unpunished story. Rand Paul has proposed a $2 trillion tax cut...
View ArticleArt Laffer: Rand Paul and Ted Cruz Have Best Tax Plans
Art Laffer, famed member of President Reagan’s Economic Policy Advisory Board, has co-authored, with Stephen Moore, an article for Investor’s Business Daily in which they assert that Rand Paul and...
View ArticleTeam Cruz [SuperPac] defends scheme to stop Trump at brokered convention:...
Shortly after Ted Cruz told GOP power brokers that Trump lacked the "judgement" to be president, Kellyanne Conway-- who runs Cruz's Keep the Promise I super PAC– defended RNC plans to strip Trump of...
View ArticleThe VAT in Ted Cruz's Tax Plan is a Threat to Limited Government and the...
Tax reform is a key part of reviving our economy so that the 21st century is another American century. That's why Senator Marco Rubio put together a tax reform plan that would generate economic growth,...
View ArticleThe VAT: Coming Soon To A Campaign Stop Near You (Cruz Tax Plan)
Two Republican presidential candidates -- Sens. Ted Cruz, R-Texas, and Rand Paul, R-Ky. -- have proposed replacing much of the federal tax system with a VAT. Cruz's proposed VAT would have a 16 percent...
View ArticlePoll: Is It Time for a VAT in the U.S.?
Most other developed nations already have a VAT -- a system in which taxes are paid by each business in the different stages of production of a good or service, and, ultimately, directly or indirectly,...
View ArticleWhy Marco Rubio and Ted Cruz's Tax Plans Generate More Growth than...
...our model shows more growth from the Rubio and Cruz plans than the Trump plan, even though Trump proposed a larger cut: While Donald Trump largely opted for big rate reductions across the board,...
View ArticleDoes the Cruz VAT Tax Solidify Trade Deficit? [aw!m vanity]
As I understand it, a VAT tax is very different than a national sales tax because it taxes every level of production and distribution. That gives imported products a grossly unfair advantage. ~~~ For...
View ArticleCruz Plan: VATs Help Trade but Invite Corruption [aw!m vanity]
Cruz addresses a major reason for our trade deficit. However ... If something confuses people? It invites corruption. A handy rule of thumb in government. Are VATs confusing? Very. ~~~ Even explaining...
View ArticleWhy Ted Cruz’s VAT really is a VAT
Make no mistake here. Cruz is proposing a VAT add-on to the existing personal income tax system.
View ArticleTed Cruz’s Conservatism: The Pendulum Swings Consistently Right
On perhaps the defining issue of the 2016 Republican primary, Senator Ted Cruz falls well to the right of Ronald Reagan, who supported granting legal status to millions of undocumented immigrants. He...
View ArticleThank the Heavens for Hank Paulson's Wonderful Memory
Former Treasury Secretary Henry Paulson Jr. is out with his new book, On the Brink, where he details his version of events that occurred on Wall Street and Washington D.C.during the financial crisis...
View ArticleTrump’s Tax Plan Could Affect Your Social Security
The Trump administration, at work on a new plan for tax reform, is reportedly considering a plan to cross into one of the most dangerous territories in American politics: fiddling with the Social...
View ArticleTrump suggests no tariffs between US, Europe
It is tariff day in Washington. President Trump will meet with European officials to talk trade tariffs. The meeting is with European Commission President Jean-Claude Juncker. Trump proposed in a...
View ArticleSpanish jihadi cell funded through Danish tax fraud on chicken, cheese and...
A Spanish jihadist cell funded itself through tax fraud on chicken, cheese and chocolate sold in Denmark, according to an investigation published Tuesday led by non-profit European newsroom Correctiv....
View ArticleProblematic Women: Women Are Increasingly Embracing Socialism … but Why?
In a recent poll for “Axios on HBO,” 55% of American women say they would prefer to live in a socialist country over a capitalist country. This week on “Problematic Women,” we discuss why women are...
View Article"Free" in Hungary
Recently, I was on vacation in Budapest, Hungary, taking one of those bus trips of the city. Our guide was a young lady, probably mid-20's, who spoke excellent English but had always lived in Budapest....
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