Day: December 19, 2007

Archive

The benefits of a flatter, fairer tax system

A few weeks ago a Republican member of the U.S. House Ways and Means Committee presented a plan to offer Americans a simplified income tax system. A few days ago, former U.S. Senator and Republican presidential aspirant Fred Thompson endorsed much of the proposal.

Though not a pure flat tax, in

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Corporate tax war

A cut in the corporate tax rate would give a lift to the U.S. economy when it really needs it, according to a study by the National Bureau of Economic Research (NBER).

According to the authors:

High business taxes were found to reduce a nation’s domestic capital investment, the amount of

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UK among Europe’s worst for cancer funding

The United Kingdom lags behind nearly every other European country when it comes to investment in cancer services and has some of the poorest survival rates for the disease, says the London Daily Telegraph.

Consider:

 

Just £80 (about R1,100) per head of population is spent on cancer in England, compared to £121

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Exchange controls and international trade

Attempts to enforce exchange controls by government – to stop companies and individuals trying to circumvent a country’s capital account restrictions – raise the cost to firms engaging in importing and exporting, according to a National Bureau of Economic Research (NBER) Working Paper.

Other findings:

Countries tend to have more controls

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Canada offers no cost advantage over US drug policies

Government policies around the pricing and reimbursement of prescription drugs in Canada do not produce lower costs for Canadians compared to Americans, according to a new study by Brett Skinner, Director of Health, Pharmaceutical and Insurance Policy Research, and Mare Rovere, a policy analyst, at the Fraser Institute.

According to the

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