By Lewis K. Uhler and Peter J. Ferrara, National Tax Limitation Foundation Tax Reform in the form of the 2017 Tax Cuts and Jobs Act is supporting booming economic growth to this day. Just reported third quarter numbers set an all time record: 33.1% growth over the second quarter, for a 7.4% annualized rate. […]
Tag: tax reform
Dump anti-business taxes to unleash French potential
“Let’s dismantle our anti-economic taxation before it finishes our economy” By Nicolas Marques, courtesy of Institut économique Molinari The future is particularly worrying for French society. Companies, suffocated by extraordinary taxation and finicky regulations, have structural competitiveness problems. The previous crises have left their mark, with abnormally high unemployment. The coronavirus strikes a weak economy. In the first […]
Washington Beyond the Headlines: Index Capital Gains to Inflation to Keep Economy Humming
By Andy Blom, TES Washington Editor The Democratic primary gets nastier, coronavirus panics the markets and Congress responds with partisan bickering…. Ho hum, another week of business as usual…except for free market policy people who are busy working on issues and ideas that affect America, and the world. Read on for this week’s […]
UK taxpayers subsidizing lobbying industry, political campaigns
“Almost £40 million of taxpayers’ money paid for lobbying and political campaigning” Courtesy Taxpayers’ Alliance New analysis from the TaxPayers’ Alliance reveals how ministers, officials and quangocrats are wasting taxpayers’ cash funding organisations that lobby the government. From 2017-19, organisations that lobby for changes in public policy received at least £39,584,172. Taxpayer money […]
UK council finances are unsustainable, new model urgently needed
TPA responds to IFS report on council tax By Harry Fone, courtesy of Taxpayers’ Alliance A new report released by the Institute for Fiscal Studies (IFS) has analysed funding for local authorities and made a series of recommendations. Few would challenge the IFS’ argument that the present funding model is unsustainable and alternative […]
UK working class voters want real tax relief
“New polling from the TaxPayers’ Alliance shows tax cuts are key to winning working class votes” Courtesy of the Taxpayers’ Alliance Landmark national polling data, commissioned by the TaxPayers’ Alliance (TPA) and conducted this summer, has found that working class voters back bold tax cuts, both on household income and on British businesses. […]
Importing Bad Ideas: Let’s Not
“Foreign reference pricing” is just price controls by the backdoor The world is full of bad ideas that self-interested parties sometimes try to bring to these shores, swearing up and down they’re actually good: karaoke, kale, Neti pots, the Yugo, the Macarena, Gerard Depardieu — the list goes on. To this hall of shame must […]
Healthy tax competition is possible and needed
“Principled Tax Competition” By Daniel Bunn and Else Aken, courtesy of IREF The structure of a country’s tax code is an important determinant of its economic performance. The Tax Foundation’s International Tax Competitiveness Index has ranked OECD countries’ tax systems for the last six years, and every year Estonia has been the number one country […]
TES Weekly Brief: Index capital gains to inflation to boost growth, PRO Act is a union wishlist & more
Editor’s Note Welcome to our inaugural Weekly Brief. We’re sharing some of our latest feature pieces on The Economic Standard below, along with our weekly Washington policy round-up by the legendary Andy Blom for those of you in the D.C. business. Going forward, we’ll share these updates with subscribers on Thursday morning. […]