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federal taxes Archive

Anti-Phishing Bill Introduced To Congress

TweetShareSharePin0 SharesAnti-Phishing Bill Introduced To Congress Sen. Partick J. Leahy has introduced the Anti-Phishing Act of 2005 to Congress for consideration. The Act would allow federal prosecutors to seek fines of up to $250,000 and prison sentences of up to five years against individuals convicted for promoting phishing scams. Online parody and political speech sites

Rethinking Limited Liability: Beneficial Ownership Transparency to Reform the Liability System, working paper

TweetShareSharePin0 Shares I am sharing a working paper which I, Andres Knobel have written, for which I welcome feedback, please send to [email protected]. Here’s a summary below, and you can read the full paper here. Rethinking Limited Liability: Beneficial Ownership Transparency to Reform the Liability System Limited liability refers to the right to cap a

Love The Thrill of Risk? Invest in an Annuity!

TweetShareSharePin0 SharesLove The Thrill of Risk? Invest in an Annuity! With the stock market in steep decline, people are looking for safe places to invest their savings. Many banks and investment companies are pushing annuities. Annuities offer a higher interest rate than CD’s, but are they safe? You could view an annuity as a tax

Germany Tax System: Competitiveness Rankings

TweetShareSharePin0 Shares On the heels of Halloween, leaders of the world’s 20 biggest economies endorsed a global minimum tax of 15 percent on large multinational corporations. The minimum tax, signed in Rome and announced by the Organisation for Economic Co-operation and Development (OECD), is intended to curb profit shifting and limit tax rate competition between

Plan Your Retirement Income Carefully and Accurately

TweetShareSharePin0 SharesPlan Your Retirement Income Carefully and Accurately When you are asked to look into your future, how far can you see? Can you see yourself being retired? And, how do you feel about that? If you have saved enough or maybe started saving for your retirement, you only have a few reasons to worry.

Cigarette Tax Scorecard shows modest progress globally

TweetShareSharePin0 Shares The second edition of the Tobacconomics Cigarette Tax Scorecard is out today and shows that governments have made insufficient progress in addressing the world’s leading cause of preventable death, despite established evidence that the most effective tool—tobacco taxation—would reduce smoking and increase tax revenues. By using new data from the WHO Report on

One More Week to Get BBB Done?

TweetShareSharePin0 Shares Infrastructure Bill passes with bipartisan support. Late Friday night, the House passed the $550 billion bipartisan infrastructure bill with 13 Republican yes votes and 6 Democratic no’s. The Congressional Budget Office estimates the bill will add $256 billion to the deficit. The bill includes few increases or spending reductions, though it does end the

Oklahoma Tax Reform Options Guide

TweetShareSharePin0 Shares Executive Summary Overview Oklahoma policymakers have been focused on tax reform for many years, always keeping an eye on the state’s neighbor to the south. Legislators succeeded in reducing rates for both individual and corporate income taxes, but Oklahoma is far from alone in this pursuit. In an increasingly mobile economy, states are

Getting the Government out of Community Service

TweetShareSharePin0 SharesGetting the Government out of Community Service We live in a time when we tend to look to the government to do a lot of things. For some reason, we tend to think that just because we have to pay taxes, it is our government’s job to fix everything that is broke and arrest
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