Corporate tax cuts lead to cash hoarding, which lower growth. Recently Prof. Matthew Watson wrote an article for us entitled The Anti-Growth Dynamics of the Competitiveness Agenda, in which he outlined generic reasons, both from a supply side and a demand...
The U.S. tax system has its haters. More than two-thirds of Americans say they dislike or hate doing their taxes. A majority of us complain that our taxes are too high and that the wealthiest among us don't pay their...
Most advanced and emerging market economies according to IMF studies will face a momentous transition towards ageing and shrinking populations. This is expected to have profound implications for economics, financial markets, social stability, and geopolitics. Without action, public pension and health systems will...
The Albanian tax system, has not provided complete and consistent tax treatment to partnerships, but the income tax law in Albania mention the possibility of business organization in the status of partnership for corporate tax purposes. However, in Albania, a partnership it’s treated...
The need for tax reform is clear. Economic growth has been sluggish for a number of years, workforce participation is down, wages are stagnant, and the U.S. tax code is increasingly out of step with those of our...
Every year, the World Economic Forum (WEF) releases its Global Competitiveness Report on the state of the world's economies. The WEF looks at data on areas as varied as the soundness of banks to the sophistication of businesses in each country....
JUST about every American chief executive has the same dream: to get out from under the corporate income tax. For many, that means lobbying Congress to change the tax code. But for a growing number, it also involves increasingly creative...
Capital taxes are used to finance a public input and public goods, such as mobile[1] skilled workers and immobile unskilled workers. The early literature on fiscal competition claimed that competition for mobile factors would drive down taxes to inefficiently low...
A large part from us would say that it is useless to begin again the fight against corruption, as it is accepted as a moral norm of society. Others would say that corruption is a global phenomenon and is an...
Tax on firms’ profits is the eighth most important factor to bear in mind in an FDI decision, being less important than other factors such as political stability and the host country market size. A result of the study by Simmons was the...
