Mitt Romney is in the news a lot for a man not running for president. The 2012 GOP nominee and former Massachusetts governor has attempted to make himself the face of the #NeverTrump movement.
Tax Analysts Blog
If it is conventional wisdom that good cases settle while bad cases go to trial, isn’t there a lot that could be learned if lawsuit settlements were made available for public scrutiny?
Have some pride, business people. Let's fight for a tax system with a broad base, low rates, and no special deals. We will all be better off.
Can Donald Trump use his “very powerful hands” to force Mexico to pay for his promised wall along the U.S.-Mexico border? In an expletive-laced rant on February 25, former Mexican President Vincente Fox dismissed Trump’s “effing wall.” Trump retorted that “the wall just got 10 feet higher.” Challenged on details of his plans for making Mexico pay, Trump points to its $58 billion annual trade surplus with the United States. But does that imbalance in trade offer a viable source of financing for a wall between the two nations?
The European Commission is investigating whether the sweetheart tax deal that Apple negotiated with Ireland 25 years ago distorts competition within the common market, under article 107 of the Treaty on the Functioning of the European Union.
Donald Trump has finally explained – sort of – why he’s been so evasive about releasing his tax returns. Apparently, he’s being audited. But in fact, that’s no explanation at all: Trump is still free to release his returns, and he should do it today.
What if someone waved a magic wand and suddenly increased your take-home pay? No, you wouldn’t need to put in longer hours. You’d simply be allowed to retain a larger slice of the paycheck you already earn. Who wouldn’t enjoy that?
The government shouldn’t be able to take your money before you get your day in court.
Hell hath no fury like a Brussels bureaucrat scorned. Consider European Union Competition Commissioner Margrethe Vestager. Questioned by BBC Radio 4's Today program on member states’ making “sweetheart deals about back taxes,” such as Google’s £130 million tax settlement with HM Revenue & Customs, which was announced January 22, Vestager responded, “It’s unfair. And sometimes it is also illegal state aid.”
The prospect of the United Kingdom pulling out of the European Union is now much more than theoretical. Having cut his deal with the European Union, U.K. Prime Minister David Cameron announced that the long-promised referendum on leaving the EU would be held on June 23. A British exit from Europe would have major repercussions on trade and immigration policy, but its effect on tax would be much more significant if there were a Labour government.