Corporate vs turnover taxes
Now here’s something different. A recent post on an interesting blog called microeconomicinsights.org summarises the findings of a study published in 2015 with the rather dry title of Production versus…
Tobacco taxes – treaties, tensions, and trends
Pakistan faces a pressing need for a sustainable tobacco taxation policy, particularly as tobacco use imposes severe health and economic burdens on the country. With over 160,000 deaths annually due…
Regressive taxes, neglected reforms
Pakistan’s reliance on bilateral, trilateral, and friendly countries to fulfill its financial requirements not only undermines its sovereignty, but also intensifies the hardships of its citizens. Despite engaging in numerous…
Corporate tax
Focus on growth, not taxes. Vietnam's standard corporate tax rate is 20 per cent and preferential tax rates are as low as 10 per cent, depending on factors like investment…
Income not consumption taxes: Applying a ‘national income tax’ for a welfare state
‘The fundamental injustice of consumption taxes, relative to income taxes, is that the well-off can postpone them by saving, while the poor pay cash on the nail. “Justice too long…
Corporate power
Employers added 261,000 jobs in October on a seasonally adjusted basis, the Labor Department said Friday. That was down from 315,000 in September. The unemployment rate rose to 3.7 per…
Corporate greed
It is exceedingly rare for a major congressional committee to hold hearings on ‘corporate greed’ leading to corporate profiteering and surging prices on consumer goods. On April 5, 2022, Senate…
Corporate America looks to penalize Trump, Republicans for now
In his final days in office, the biggest names in American business are dumping President Donald Trump over accusations that he incited the deadly mob attack last week on the…
Towards better global corporate tax regime
‘Since the 1980s, countries have competed for business by reducing companies’ taxes. A few nations, like Ireland and Bermuda, have adopted extremely low rates and become tax havens for companies…
Avant-garde budget proposals – I: Growth, taxes & equity
The budget for fiscal year 2019-20, the first of Government of Pakistan Tehreek-i-Insaf (PTI), is expected on May 24, 2019. Every year before the announcement of annual federal budget-which has…
