These 2 Policies are Crushing the UK Economy

These 2 Policies are Crushing the UK Economy

Posted by: on Apr 21, 2025 | No Comments

Economic growth in the UK unexpectedly shrank by 0.1% in January 2025, a dramatic slowdown from the 0.4% growth reported for the previous month. Yet, KPMG forecasts 1.7% GDP growth for the UK this year. The country will need to grow while

Tariffs vs Taxes: Choosing Between the Devil & the Deep Blue Sea

Tariffs vs Taxes: Choosing Between the Devil & the Deep Blue Sea

Posted by: on Apr 7, 2025 | No Comments

The Trump administration’s 25% tariff on steel and aluminum imports from anywhere in the world sent shockwaves. The global stock market bloodbath stands as a testament to how unnerving this move was.

Voluntary Tax: It’s Merely a Sugarcoated Pill

Voluntary Tax: It’s Merely a Sugarcoated Pill

Posted by: on Mar 19, 2025 | No Comments

The US tax code states that it is based on “a system of voluntary compliance.” However, this is a complete misnomer. Taxation in the US, like most other countries, is instead based on the phrase used by highwaymen during robberies:

Global Minimum Tax Deal: The Flawed Notion of “Fair” Taxes

Global Minimum Tax Deal: The Flawed Notion of “Fair” Taxes

Posted by: on May 29, 2024 | No Comments

What do you call it when someone threatens you with dire consequences unless you pay them a part of your hard-earned money? Maybe mugging or theft? Taxes are not that different. You part with some of your money because you don’t want to face

The EU’s Carbon Tax May Hurt Everyone

The EU’s Carbon Tax May Hurt Everyone

Posted by: on May 25, 2023 | No Comments

 

On 25th April, the EU parliament voted in favour of a new law: the Carbon Border Adjustment Mechanism (CBAM). The first-ever carbon border tax aims at reducing greenhouse emissions by 55% by 2030. The legislation means taxes being levied on

Can Tax Cuts Revive the Indian Economy in 2020?

Can Tax Cuts Revive the Indian Economy in 2020?

Posted by: on Jan 7, 2020 | No Comments

The Indian economy dipped close to 6-year lows in the July-September quarter, touching 4.5%. In fact, following a glorious run in 2018, the economy struggled through 2019, with the three key drivers of economic growth, investment, consumption and exports, declining. Both

Will Trumponomics Drive America into Another Recession?

Will Trumponomics Drive America into Another Recession?

Posted by: on Jul 2, 2018 | No Comments

The Trump economy received an “important endorsement” from Fed Chairman Jay Power, who said, “The US economy is in great shape…Most people who want to find jobs are finding them,” said an article published by Yahoo Finance on June

Are High Taxes Good for the Economy?

Are High Taxes Good for the Economy?

Posted by: on Dec 18, 2017 | No Comments

Advocates of high taxes are often heard saying that taxes strengthen the nation by funding essential public utilities (like highways and elementary schooling) that benefit citizens and facilitate businesses. On the other hand, free

Landmark GST Bill Opens India to a Common Market System

Landmark GST Bill Opens India to a Common Market System

Posted by: on Aug 20, 2016 | No Comments

Somewhere along the path of errors comes a cumulative benefit. India has passed the much-awaited Goods and Services Tax (GST). The Indian Parliament voted 197 in favour of this bill with none against in the Rajya Sabaha. This bill is being hailed as a landmark tax reform and the biggest since Independence. Under the new bill, the existing system of Value Added Tax (VAT)

Atlantic City Casinos in Peril: Will Governor Christie Come to the Rescue?

Atlantic City Casinos in Peril: Will Governor Christie Come to the Rescue?

Posted by: on Sep 28, 2015 | No Comments

With four out of the 12 casinos in Atlantic City shutting down in the last eighteen months, Wall Street gas been speculating about what these changes indicate. Some believe that the market is right sizing, since the demand for