The Importance of Healthy Overseas Tax Havens
John Tamny of RealClearMarkets For those of us interested in taxes, probably the most important words Supreme Court Justice Louis Brandeis ever wrote had to do with the essential importance of U.S. states to the country’s economic health. Brandeis viewed…
John Tamny of RealClearMarkets
For those of us interested in taxes, probably the most important words Supreme Court Justice Louis Brandeis ever wrote had to do with the essential importance of U.S. states to the country’s economic health. Brandeis viewed states as “laboratories” of democracy, whereby individuals would choose a given locale in the U.S. based on how much or how little government they wanted.
Brandeis’ thinking might now seem quaint or dated, but back when he served (from 1916 to 1939) the Constitution was correctly seen as a limiting document. And rather than a document meant to limit our infinite individual rights, the more understood intent of the Constitution was that its purpose was to limit the activities of the federal government.
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