The Champion in the Art of Tax Avoidance Can Now be Crowned

June 04, 2021

On June 3, The Guardian revealed that a company valued at over $1 trillion banked its profits without sacrificing a penny in corporate taxes. If it was not for the fact that the firm, whose headquarters are in Dublin, Ireland, generated a net profit “equal to nearly three-quarters of Ireland’s...

The World This Week: Paradise Papers Reveal to be Rich is Glorious

November 12, 2017

Wealthy individuals, fund managers and corporations continue to avoid taxes by using offshore havens at a time of increasing inequality and declining public goods. This week, Russian President Vladimir Putin did not commemorate the hundredth anniversary of the 1917 Bolshevik Revolution. November...

How Should Tax Reform Treat Employee Stock and Options?

October 22, 2017

In America, stock options create some unusual challenges for tax writers. The tax treatment of employee stock and options raises a classic Goldilocks problem. We want to tax this compensation neither too much nor too little. In a recent policy brief, I consider three questions about how to...

Understanding New Zealand’s Uncertainty Toward Taxing Wealth

September 22, 2017

Kiwis are fretting about inequality, poverty and high prices of housing. However, a capital gains tax is far from the key to winning the general elections. Like many small states, New Zealand enjoys thinking of itself as somehow set apart from other nations. It has long reveled in the tag of...