January 30th, 2012
Today, Global Financial Integrity launched it’s new report, Mexcio: Illicit Financial Flows, Macroeconomic Imbalances, and the Underground Economy in Washington D.C. and Mexico City. An excerpt from the press release: MEXICO CITY / WASHINGTON, DC – Crime, corruption and tax evasion cost the Mexican economy US$872 billion between 1970 and 2010 according to a new report
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January 30th, 2012
Every other week, the Task Force highlights a Featured Allied Organization. The Task Force has more than 120 member organizations from all over the world which endorse its mission. The current featured Allied Organization is The Council on Geopolitics.
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January 27th, 2012
While Iran claims its nuclear ambitions are benign—Tehran continues to maintain it is perusing nuclear power for "energy purposes"—the rest of the world has remained skeptical. For years, the international community has grown increasingly alarmed by Tehran's growing ambitions. Mostly they watch, sometimes they speak, and occasionally they act with adequate decisiveness.
Among OECD countries, the United States has been the most willing to act. In fact, the United States has maintained some kind of sanctions on Iran—with varying degrees of severity—since the Islamic Revolution in 1979. These have, largely, been to no avail. Analysts generally agree that previous...
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January 25th, 2012
I heard a lot of things I liked during President Obama’s State of the Union address this evening. I also heard a couple of things I didn’t like. I’ll get to those.
I want to talk specifically about his statements on corporate taxation. I’ll have to leave his statements on individual taxes to someone else. From the transcript of tonight’s State of the Union:
Right now, companies get tax breaks for moving jobs and profits overseas. Meanwhile, companies that choose to stay in America get hit with one of the highest tax rates in the world. It makes no sense, and...
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