More worried about tax cheats than prosperity: Capital, and all of its blessings, flows to where it is treated best. The recently passed Hiring Incentives to Restore Employment Act of 2010 (the "HIRE" Act) imposes new obstacles to the flow of capital into and out of the U.S. While ostensibly limited to "reporting" requirements to …
Continue reading "Boorishly Provincial: Penalising Capital Flow In and Out of the U.S."
