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Tag: taxation

18% Of MEPs Back International Tax on Ultra-Rich To Fund Green Agenda

Michael Curzon March 15, 2023

A taxation of 1.5% “from a heritage of 50 million euros” could help aid the West’s transition to carbon neutrality, according to the backers of a new campaign.

Tax Cartel Targets Hungary

Sven R. Larson July 18, 2022

Let us call a spade a spade: ending the tax treaty with Hungary is an act of punishment by Washington. If a country refuses to play by their rules, the U.S. administration will exclude, sanction, banish, and publicly flog the incalcitrant nation.

U.S. Ends Tax Treaty with Hungary

Sven R. Larson July 12, 2022

Hungary is the last holdout among the 27 members of the European Union, thus blocking Brussels from implementing the tax-cartel minimum rate.

The EU Participates in Harmful Tax Collusion

Sven R. Larson January 2, 2022

Once countries with costly governments have created a Berlin Wall around their high-tax jurisdictions, they will be free to collude on other taxes beyond the corporate income tax. Personal income taxes, wealth taxes, death taxes… there is no end to the imagination of a government that does not have to worry about tax competition.

Quo Vadis, Europe? A Choice between Democracy and Freedom

Sven R. Larson December 23, 2021

How could an ‘innocent’ citizens’ initiative for democracy bring about powers of government that would pose any threat to our freedom? To answer this question, we first need to remember that freedom is not only lost to boots and bayonets. We can, actually, vote away our own freedom. By giving up our rights to government, small slices at a time, we can lose control over our lives just as definitively as if it happened through open oppression.

Portugal’s Budget Crisis: A Gordian Knot of Conflicting Policy Goals

Sven R. Larson December 14, 2021

At the heart of Portugal’s budget deadlock are three policy goals: economic growth, a balanced budget, and more funding for the welfare state. The conflict between these three goals is not unique to the Costa budget, nor is it unique to Portugal. This is a Europe-wide volcano that happened to erupt in Portugal, and has led to an attention-grabbing political crisis. 

Nanny States: When Private Becomes Public

Daria Fedotova December 10, 2021

Western governments are become more controlling, behaving like overbearing mothers rather than the aloof arbiters they are supposed to be. This is the nanny state at its worst, deciding its naughty citizens did not know what was good for them and, therefore, needed to be kept away from harm.

Merkel the Fiscal Bureaucrat

Sven R. Larson December 8, 2021

Angela Merkel did put in place a mechanism to strengthen German government finances. However, there was a price to be paid for this achievement, namely a slowly but steadily rising burden on German taxpayers.

136 Countries Agree On Minimum Corporate Tax

Gellért Rajcsányi October 11, 2021

A minimum corporate tax rate of 15% was agreed.

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Issue 25, Winter 2023

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