Dan Mitchell of the CATO Institute gives us another great video, this one on the obscenity that is new move by the IRS to force American banks to put foreign tax law above American tax laws.
CATO
What Did Reagan Do and How Have Other Nations Solved Their Fiscal Problems?
-By Warner Todd Huston
The Center for Freedom and Prosperity Foundation at CATO has made a few videos that help us understand how we have fixed some of our fiscal troubles in the past. In part two they also looked at a few foreign countries. Now, I have to admit that I am not much interested in what other nations do about anything. They aren’t America. Still, in part two below the folks at the CATO Institute have pointed out a few things that are instructive, if not a tad wonky.
These videos are worth taking a look at.
Spending Restraint, Part I: Lessons from Ronald Reagan and Bill Clinton
Spending Restraint, Part II: Lessons from Canada, Ireland, Slovakia, and New Zealand
What Did Reagan Do and How Have Other Nations Solved Their Fiscal Problems?”