Showing posts with label Laffer Curve. Show all posts
Showing posts with label Laffer Curve. Show all posts
Saturday, November 02, 2013

Philippine Politics: As Predicted, Cigarette Sin Taxes Backfires, Tax Revenues Fall as Smuggling Explodes

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As I have repeatedly been saying, people’s actions are guided by incentives. Raising taxes, such as the Sin Tax, reshape people’s incentive...
Wednesday, October 02, 2013

Shinzo Abe Increases Sales Tax as Japan’s Industrial Output Slumps

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We have been repeatedly told that Abenomics or Japan’s version of central bank inflationism will deliver the magic economic growth formula ...
Tuesday, April 09, 2013

War on Savings: Australia Doubles Retirement Taxes

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Crisis or no crisis, Cyprus may have set a trend for governments to seek ways to tax private sector savings.  Australia has reportedly ...
Tuesday, March 12, 2013

Laffer Curve Russian Edition: 300K Entrepreneurs Quit over Taxes

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Politicians hardly ever consider the economic effects of their actions. They almost see things as operating in a stasis. Well he r e is...
Tuesday, February 12, 2013

Curse of the Laffer Curve: Why Manny Pacquiao Prefers His Next Fight Outside the US

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Boxing legend Manny Pacquiao seems to have joined the list of celebrities in implicitly denouncing class warfare policies by voting with t...
Saturday, January 26, 2013

Tina Turner Renounces US Citizenship: A Tax and Privacy Issue?

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Well, it would seem that the curse of the Laffer Curve and the welfare state has not only affected the French, American celebrity Tina Turn...
Tuesday, December 11, 2012

Symptoms of Welfare Crisis: French Actor Gérard Depardieu Joins Ballooning Lists of Tax Exiles

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French actor Gérard Depardieu joins the growing list of wealthy French residents fleeing “soak the rich” politics. The increasing numbe...
Wednesday, December 05, 2012

Dividend Cliff: Dividend Payments by US Companies Triple

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People respond to incentives. Social policies influence people incentives to act. Prospects of higher taxes on dividends has prompted m...
Thursday, November 29, 2012

Statist Tax Fantasies Unmasked: Two-Third of UK Millionaires Vanish

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Once again, reality has made an abject spectacle of popular statist’s fantasies about “class warfare” or “soak the rich” tax policies where...
Tuesday, August 31, 2010

More Taxes Equals More Revenues?

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More Taxes Equals More Revenues? Not so fast. The fundamental law of economics are always at work to defy conventional wisdom. Here is...
Friday, July 23, 2010

Taxes 101: The Laffer Curve

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Here is a nifty three part video series by Daniel Mitchell of the CATO Institute on how taxes influence people's behaviour, and conseque...