Op-Ed Columnist – Till Debt Does Its Part – NYTimes.com. Krugman says: The only real reason for concern [about debt] is political. The United States can deal with its debts if politicians of both parties are, in the end, willing to show at least a bit of maturity. Need I say more? He’s right. The
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Steve Rodan, the Speaker of the Tynwald, the Isle of Man’s parliament has reacted angrily to Lord Wallace’s suggestion that the Isle of Man be brought under UK control. In a letter he said: ‘The Isle of Man does not cost the UK a penny. We pay our own way in the world – every
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The OECD has issued an updated grey and white list of compliant and non-compliant states: The ‚Äòinternational standard’ is, of course, just twelve of the almost meaningless Tax Information Exchange Agreements, but even so many places are a long way from achieving that. I’d also love to know why there are just 82 jurisdictions on
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I wrote yesterday about an Op-ed in the Wall Street Journal that supported Swiss bank secrecy and encouraged tax competition. In my critique I said: Blatantly this is the Wall Street Journal promoting the merits of tax evasion and the role of tax havens in undermining the democratic rule of law. A Channel Islands critic
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Tory controlled borough of Barnet adopts budget airline model | Politics | The Guardian . A leading Conservative council is using the business model of budget airlines, Ryanair and easyJet, to inspire a radical reform of public service provision which is being seen as a blueprint for Tory government. Actually, it’s no such thing. It’s
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ABC Radio Australia News:Stories:Pacific tax havens at risk: report. The international campaign against tax havens has driven three Pacific Island nations’ off-shore finance centres out of business, according to a new report. The report, by the Pacific Legal Network, warns of serious implications for the remaining centres in Samoa, Vanuatu and the Cook Islands. Six
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Nevada’s senseless war on California — latimes.com. In case you haven’t heard, California and Nevada are at war. Not an old-fashioned war with bullets and tanks, but a newfangled media battle over which one is the last best hope for entrepreneurs and businesses in these troubled times. Nevada started it. The Nevada Development Authority launched
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Lord Turner made appropriate comments about the City on Wednesday, blogged here. And of course the City reacted: But Lord Turner’s backers were drowned out by the City reaction. The British Bankers’ Association was among the most trenchant in its criticism. “If we introduce the wrong kind of regulation or the wrong kind of taxes
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The pension plunderers | Prem Sikka | Comment is free | guardian.co.uk . Prem Sikka writes: Governments can and should provide decent state pension through progressive taxation policies, but many major companies resent paying taxes. Almost every day, companies hold elected governments to ransom by threatening to relocate elsewhere unless their demands are met. Despite
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