Econ Comments & Analysis
Washington Times | The insatiable governments
The Group of Eight concluded their summit last week with grand promises to pursue “proper tax justice in our world,” in the words of British Prime Minister David Cameron. His Orwellian turn of phrase at first sounds good; who doesn’t like justice? But what “justice” here means is pursuing profitable corporations that seek refuge in business-friendly nations. If implemented, consumers would pay more for just about everything they buy.