Program: Fiscal

Sense & nonsense in end of year reviews

| 21 January 2013
Blog, Fiscal, Trade | Tags: Forecasting
The turn of every calendar year witnesses a spate of reviews by pundits in the media. For a columnist, these reviews are an attractive vehicle, ideally drawing upon events from the previous 12 months and combining them with insights into developments relating to the next ... continue reading

Why a financial transaction tax is good for your pension

| 23 October 2012
Blog, Fiscal | Tags: Financial Markets, Financial Transaction Tax
Before the end of 2012, it is likely that 9 EU Member countries will invoke the “Enhanced Co-operation Procedure” and move ahead with a Financial Transactions Tax (FTT), that, if it had broad coverage of financial instruments and players would raise over USD$30bn, providing a ... continue reading

Europe’s fiscal blind spot

| 23 October 2012
Blog, Fiscal | Tags: Carbon Taxes, Climate, Taxes
Smarter taxes on energy and emissions to reduce public deficits As European governments desperately try to plug public deficits, restore competitiveness, employment and growth, the tendency would seem to be towards less environmental policies. What if more environmental protection and putting a price on pollution ... continue reading

Solidarity beyond taxation

| 13 October 2012
Blog, Fiscal | Tags: Philanthropy, Wealth Taxes
„Coercion doesn’t create good will” is a wise proverb – occasionally referred to as patriarchal. With a synonym for this adjective being patronizing, it is particularly fitting for the proposal that recently hit German headlines: to bolster public finances shaken by the Euro crisis with ... continue reading

Making sense of economic policy

| 6 June 2012
Blog, Fiscal | Tags: Austerity
The past week has seen a marked deterioration in economic sentiment. Job creation numbers in the US were lousy. More evidence of a growth slowdown in China was made public. India’s political paralysis continues. And, in Europe at present, the focus of so many fears, ... continue reading