Daniel J. Mitchell, formerly of the Heritage Foundation, now works at the Cato Institute.
To: Tolerance Sucks Rocks
Just invade...then it won’t be able to be such a pesky tax haven anymore.../sarc
To: Tolerance Sucks Rocks
Tax competition first became a big issue following the Thatcher and Reagan tax cuts in the 1980s. Responding to the increased attractiveness of the U.K. and U.S. economies, every single industrialized nation has been forced to lower personal tax rates in an effort to stay competitive. One of the big reasons why leftists vilify Reagan and Thatcher.
To: Man50D
Liechtenstein has a tax code that rewards productive behavior And the United States has a bill before congress that eliminates the income tax completely and creates a national sales tax. It would make the US the strongest tax haven in the world.
H.R 25
4 posted on
02/26/2008 4:17:45 PM PST by
groanup
(Don't let the bastards get you down.)
To: Tolerance Sucks Rocks
Researchers have found that tax havens consistently rank as the best governed, most stable, fastest growing and most prosperous places in the world. With the Fair Tax, the US would attract rivers of international investment capital. It would drive down interest rates, support the dollar and send the stock market soaring. Everyone, with the exception of democrat pols and their imagined victims wins.
5 posted on
02/26/2008 4:18:17 PM PST by
Jacquerie
(Give unto Caesar when you wish - Support the Fair Tax!)
To: Tolerance Sucks Rocks
The FairTax is a truly American innovation far superior to any of the various flat-income-tax schemes that are in turn superior to their graduated income tax cousins.
Americans need not follow others in their flat-income-tax success, they have a better system that is much closer to the original ideas of its founders, the FairTax.
http://www.fairtax.org
10 posted on
02/26/2008 5:32:19 PM PST by
Hostage
To: Tolerance Sucks Rocks
A flat tax plus ... tax incentives to produce certain types of energy plus tax penalties for producing too much pollution plus tax incentives for implementing Health Security Accounts plus tax penalties for exporting jobs plus tax incentives for locating offices in Empowerment zones plus tax penalties for failing to abide by a federal mandate equals what we got now.
Tell me how we ever get to a flat tax and stay there without a constitutional amendment prohibiting tax incentives and tax penalties.
To: Tolerance Sucks Rocks
“Perhaps most amazing, there is now a flat-tax revolution sweeping the globe.”
He must mean the part of the globe outside of North America because “the flat tax” (as if that term denoted a single proposal) sure isn’t sweeping the US. Politically, it’s on life support. If the flat taxers really wanted to get their proposal some traction, the first step would probably be to get the leaders like Dan Mitchell, Dick Armey and Steve Forbes together and let them determine the design of a specific plan that they could all get behind. And that proposal would not be a flat tax option, which I believe is what Mr. Forbes advocates.
13 posted on
02/26/2008 6:01:00 PM PST by
phil_will1
(My posts are in no way limited or restricted by previously expressed SQL opinions)
To: Tolerance Sucks Rocks
Liechtenstein has privacy laws that respect individual rights, but which also have received a green light from the Financial Action Task Force and the U.S. Internal Revenue Service for being tough on dirty money. Perhaps most interesting, Liechtenstein scores highly on the World Bank's six governance indicators, beating out nations such as -- you guessed it -- Germany. Liechtenstein is cooperative if criminal activity is suspected, however, tax evasion is not a crime in that country.
49 posted on
02/27/2008 5:49:48 AM PST by
lucysmom
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