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Higher digital taxes coming soon: A three-part saga
Global policy around digital taxation is headed toward higher and more complicated taxes. The OECD’s latest proposed framework would add a new set of complex regulations to the existing system. Meanwhile, several countries are unilaterally implementing their own digital services tax, which they may refuse to repeal even after the new OECD system is in place.
Policy cures worse than the disease
Governments first failed to respond to the COVID-19 pandemic. When they finally realized the scope of the challenge, most resorted to misguided, self-serving and often disastrous policy responses. Their push for centralization and control of economies, companies and ultimately, individuals, bodes ill for the future.
Opinion: The OECD heads down the wrong path
When it was first founded, the OECD’s mission was to support economic growth. It promoted free trade, low taxes and economic freedom. But over the last three decades, it has strayed from its original goals. It now focuses on expanding the reach of its member governments, especially when it comes ...
Opinion: Harmful attempts to plan and regulate the global economy
Governments’ tendency to overtax the economy, overregulate it and misallocate resources by subsidizing losers, has been hurting economic growth, innovation and competitiveness in many parts of the world, including Europe. Now, officials are discussing novel ways to introduce such disastrous practices on the global level. Their excuse is an alleged ...
Estonia outperforms the EU
Estonia is one of Europe’s star performers in terms of economic growth and development, technological advancement, freedom and education. It faces three big dilemmas: defensive vulnerability, the non-integration of its Russian minority and rising nationalism. Yet the country seems well-placed to meet all three of these challenges.
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