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FRANKFURT (Reuters) - The United Arab Emirates, a magnet for the globe’s ultra-rich, has also emerged as one of the fastest-growing corporate tax havens, according to a study released on Tuesday that highlighted $200 billion-plus flowing into the country. Read More.

🇺🇸 The Grassroots Corner - Week Beginning 4/05/21: “Hostile Argument: Is the FAIRtax Rate Enough?” Read More.

🇺🇸 The Grassroots Corner - Week Beginning 3/22/21: “Hostile Argument: The FAIRtax Rate” Read More.

The FairTax Act of 2021, HR 25 was filed in the 117th Congress by Representative Earl L. “Buddy” Carter (GA-1) and referred to the House Ways & Means Committee. Read More.

Taxing the rich is an idea that’s back. An “ultra-millionaire tax” introduced by Elizabeth Warren and other left-wing Democrats this week would raise more than $3 trillion over 10 years, they say, while making the tax system as a whole more fair. Read More.

The annual tax would be a 2 per cent levy on a wealth of more than $50 million and 3 per cent on over $1 billion, affecting the wealthiest 100,000 American families. Read More.

A House committee is weighing a bill backed by Gov. Asa Hutchinson that would phase out the state’s soft drink tax by 2025 and make up the loss of it as a source for the state’s Medicaid trust fund by using general revenue. Read More.

🇺🇸 The Grassroots Corner - Week Beginning 3/08/21: “Meet our Economist, Dr. Karen Walby” Read More.

Estonia’s economic freedom score is 78.2, making its economy the 8th freest in the 2021 Index. Read More.

The AICPA on Thursday sent a letter to IRS Commissioner Charles Rettig and Acting Assistant Secretary Mark Mazur urgently asking for the deadlines for filing all 2020 federal income tax and information returns and for making payments to be extended from April 15 to June 15, 2021, in response to a number of issues that make it impossible for many taxpayers to meet the April 15 deadline. Read More.

Google GOOG +1.4%, Facebook and Microsoft could start paying hefty advertising fees in Maryland — and possibly elsewhere — if the state’s new digital ad tax holds up in court. Read More.

Google GOOG +1.4%, Facebook and Microsoft could start paying hefty advertising fees in Maryland — and possibly elsewhere — if the state’s new digital ad tax holds up in court. Read More.

The IRS really wants to know about your cryptocurrency. Read More.

Another unnecessary “war” caused by the federal income tax is starting to heat up in the United States. Read More.

President Biden’s tax proposals might affect long-term charitable giving for the wealthy, possibly leading to an increase in giving. Read More.