Econ Comments & Analysis
Daily Finance | Offshored Trillions: The Hidden Economy That's Robbing the World
Tax havens are big news in the U.S., but a recent study shows that, when it comes to offshoring cash to dodge taxes, Americans are amateurs. Globally, tax havens are used to hide an estimated $21 trillion, more than the entire U.S. GDP, making it clear that offshored wealth is a truly global problem.
AEI | Statutory and effective tax rates: Part 1
Although it is well known that wage taxes and income taxes impose work disincentives, the manner in which different tax systems discourage work has been the subject of considerable confusion.
