Jeffrey Tucker* Just days after Donald Trump won the Republican nomination, the mask (such as it had been up to then) fell off. He quietly began telling reporters that he could be “tricked” into raising taxes, raising the minimum wage, and printing enough money to cover the national debt payments with cheap …
More »The scandal is that more of us don't have offshore accounts.
April is already a traditional time for scandals related to offshore finance and tax evasion to erupt. Exactly three years ago, we were talking again about leaked information from a consulting firm in the so-called "Offshore Leaks" affair, where incriminating documents came from the British Virgin Islands instead of Panama. Back then, it was about …
More »Both excellent revenue collection in the budget and problems for the economy
Last week, Reuters reported that the government had selected the managers for a new government debt issue worth a total of 3.9 billion leva. As a right-wing economic thinker who views budget deficits financed by debt as extremely harmful to an economy, I could not pass up this …
More »Kristalina - ready for a global bureaucrat at the UN
In 2000, the UN presented its “Millennium Development Goals,” an ambitious program that should show what humanity should strive for in order to improve life on the planet at the beginning of the new millennium. One of the main goals of the international organization is to reduce the world population living in extreme poverty …
More »Government hunger for harmful taxes and foreign money
Something has changed in the last year. No, it's not like we no longer hear about all the wonderful projects being built with the European Union's cohesion money – the political vocabulary is still full of highways, stadiums, halls and ribbons – but recently other words have been joining them. And …
More »Smuggling doesn't build kindergartens, it builds businesses for friends of power.
Just over a week ago, the entire government launched a campaign against smuggling, and more specifically against fuel "fraud" (in quotes, because it turned out that violations occur at about 2% of gas stations). It was heavily garnished with advertisements sponsored by the Ministry of Finance, convincing us that without government taxes...
More »About theft in the form of taxes
After the summer break, the deputies returned to parliament, enthusiastic about interfering in our lives and picking our pockets. But those who voted for the parties in parliament should not frown – because they chose the authors of the reforms, the problem is that along with the dry land, there are fires...
More »Tax harmonization in the EU: an extremely dangerous idea
In the last few weeks, there has been a lot of buzz in the European media about the proposal by Angela Merkel and François Hollande to harmonize corporate taxes in the European Union. The specific idea is to introduce a minimum tax rate that all EU member states are required to implement (a detailed plan for this is expected …
More »No, tax breaks are not subsidies
There is a widespread misconception that tax breaks for an industry are no different from subsidizing it. Unfortunately, like many other economic myths, this one just won’t die. The video game industry is one recent example. For years, critics have argued that game developers are given an unfair advantage…
More »What is not remembered and not understood about the proportional (flat) tax
"It was taken without wide discussion" (the decision to introduce a flat tax), claims the director of the Institute for Economic Research of the Bulgarian Academy of Sciences in a presentation of their report this week. In fact, this discussion began in December 1997 and ended in December 2007, with the effects of the reform being monitored and assessed ...
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EKIP– Expert Club for Economics and Politics A Different Opinion