Category Archives: Taxes

When Counterculture Goes Mainstream: A Dispatch from the 2021 Bitcoin Conference

How Bitcoin hard-core loyalists see the future of their project.

Myths, Lobbies Foster Competitive International Corporate Tax Cutting

Bad ideology, kept alive by lobbying and PR, has fueled an unproductive corporte tax race to the bottom. Is the tide finally turning?

Private Inequity: NYT Examines How the Private Equity Industry Avoids Taxes

Comprehensive NYT story examines how the private equity industry games the tax system, while the hapless IRS stands on the sidelines.

G7 Countries Reach Deal on 15% Global Minimum Tax Rate for Multinational Corporations

One critic of the agreement said that “by settling for anything less than a 25% tax rate, the G7 is telling their citizens and the world that they’re willing to keep the race to the bottom alive and kicking.”

Why Biden’s Carbon Pricing and Electric Vehicle Plans Won’t Avert Climate Crisis

Unfortunately, central Biden Administration climate change policies, like carbon taxes/pricing, fall well short of the level of action needed

UK Company Law and Tax Enforcement Is So Bad It’s Almost as if the Government Wanted to Encourage Tax Abuse

UK tax scamming goes mass, abusing the contact and trace program to the tune of hundreds of millions of pounds.

Private Equity and Hedge Fund Barons Having a Hissy Over Carried Interest Grift Because Biden Isn’t Staying Bought

The end of the carried interest loophole has been long in coming. Will the sell-by date finally arrive?

From an Un-Caring Economy to a Caring Economy: The Tax Justice Network Podcast, April 2021

“Caring economy” sounds awfully soft and fuzzy. However, it may finally be time to reject utlitarian views of how we organize our resources.

Experts Lay Out Their Case Against Carbon Pricing

Climate change policy advocates have turned against market approcaches like carbon offsets, which have clearly failed. But what next?

Only Multilateral Cooperation Can Stop Harmful Tax Competition

International tax reform, to check multinational tax avoidance, has made perilously little progress. Will Yellen’s backing make a difference?

Bitcoin, Easter Island-ism, and the Cowardice of Green New Dealers

A pox on hypocritical environmentalists who are nowhere to be found in demanding a stop to pointless, energy profligate Bitcoin.

Why Can’t the IRS Just Send Americans a Refund – or a Bill?

Believe it or not, it’s not the fault of the IRS that tax return prep is such a hassle.

Another Blow to Tax Evasion and Money Laundering: UK Targets Art Market After US Goes After Anonymous Shell Companies

The US and UK are making life a bit harder for tax cheats.

Facebook and Google vs the Free Press

The effort to contain Google and Facebook were only in the skirmish stage until Australia and Maryland upped the ante with their tax powers.

“Almost Cartoonish Defender of the 1%, Kathryn Wylde” Rears Her Head to Attack Plans to Tax the Rich to Save New York City

The usual suspects, like Kathryn Wylde, try to defend why the top wealthy, who’ve made out like bandits under Covid, should not be made to share.