Can you name the worst tax? In recent weeks, there have been a slew of articles in major publications about how many multinational corporations have found legal ways to reduce their tax burdens by running some of their operations through low-tax jurisdictions. Published February 26, 2013
LONDON Published February 19, 2013
Nassau, The Bahamas Published February 12, 2013
What do you do if the facts don't support your beliefs? If you are honest, you will rethink what you previously believed. If you are a Keynesian economist, though, like New York Times columnist Paul Krugman, you make silly assertions. Published February 5, 2013
Did you know that there are more than 6,000 think tanks globally, and about 2,000 in the United States? In the past two weeks, two major rankings of think tanks have been released. Published January 29, 2013
The current debate about the debt vote is minor league compared to what will happen when the government literally cannot spend more than it is taking in. Published January 22, 2013
Will 2013 be a better year? A number of economic commentators have been saying the worst is behind us. I think they are wrong, and here is why. In most major countries, including the United States, government is growing faster than the private sector. Published January 15, 2013
Tax revenue in 2013 will be lower (despite the just passed tax increase), and government spending will be higher than forecast. It's an easy prediction -- and this is why. Published January 7, 2013
You may have been reading how the Federal Reserve has been buying huge quantities -- almost a trillion dollars' worth -- of "mortgage-backed securities" (MBS). Published December 31, 2012
How is it possible that the government can spend almost twice as much as it takes in without having high inflation? Published December 24, 2012
In times past, political leaders would lay out their domestic and foreign policies in clear, coherent terms. President Obama talks about getting our fiscal house in order but fails to propose any meaningful spending cuts. Published December 17, 2012
Last week, Christine Jacobs, the CEO of Theragenics Corp., a public company listed on the New York Stock Exchange that makes medical devices and is involved in cutting-edge cancer cures, wrote a letter to President Obama explaining why it was necessary to "begin moving our U.S. manufacturing to Costa Rica." Published December 10, 2012
If you are a member of Congress and you wish to be re-elected, do you increase your chances of winning by voting for or against raising taxes on the "rich"? Published December 3, 2012
If you lend money at 5 percent interest for 10 years and then suddenly the borrower announces that he is only going to repay you at 30 cents on the dollar, would you think you have been cheated? Published November 26, 2012
Dennis Van Roekel, president of the largest teachers union, the National Education Association, failed fifth-grade math last week. The question he failed is: If X (government spending) is growing faster than A (government tax revenue) plus B (new revenue from higher tax rates on "the rich"), when will A plus B equal X? Published November 19, 2012
Last Friday, President Obama said, "We can't just cut our way to prosperity. If we are serious about reducing the deficit, we have to combine spending cuts with revenue -- and that means asking the wealthiest Americans to pay a little more in taxes." Published November 12, 2012
The media focus has been on the presidential campaign, but the makeup of the U.S. Congress is likely to have an equal or perhaps even greater impact on your future economic well-being. Published November 5, 2012
Knowledgeable officials are expecting a regulatory tsunami after the election. By law, the Office of Management and Budget (OMB) is required to publish a report each April and October about new regulations that government agencies are considering. OMB failed to publish the April report. The question is why -- what is it hiding? Published October 29, 2012
One of the most delicious moments in last week's presidential debates was when President Obama attacked Mitt Romney for having some of his money invested in Chinese and Cayman Islands companies. Published October 22, 2012
If you were unemployed, would you prefer a job or a handout? Most people would say a job because of the self-respect that comes with being productively employed. Published October 15, 2012
