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The Flat Tax at Work in Russia: Year Six, 2006

by Alvin Rabushka
Thursday, December 13, 2007

The Federal Treasury of the Russian Federation has compiled the data for total taxes and revenues for the consolidated federal and regional budgets for 2006. The data show that the 13% flat tax on personal income continues to achieve very positive results.

Resolving Shia, Sunni, and Kurdish Claims Over Oil Revenue in Iraq

by Alvin Rabushka
Friday, September 21, 2007

The United States, with support from the United Kingdom, invaded Iraq on March 19, 2003. The forces of Saddam Hussein were routed in a brilliant military campaign that lasted three short weeks. Toppling Saddam’s statue in central Baghdad, followed by President Bush’s talking about the “end of major combat operations when he landed on the aircraft carrier USS Lincoln on May 1, 2003, laid the foundation for a new Iraq, hopefully democratic, pro-Western, and an ally against al-Qaeda and other radical Islamic forces in the Middle East.

Analysis and Commentary

The Flat Tax at Work in Russia: Year Five, 2005

by Alvin Rabushkavia
Thursday, May 11, 2006

The 13% flat tax has become a stable feature of Russia’s tax system. With the rise in real incomes percolating through the economy, receipts continue to grow at a healthy clip.

Analysis and Commentary

China vs. Russia: International Bankers Run a Natural Experiment

by Alvin Rabushka, Michael S. Bernstamvia
Thursday, April 13, 2006

Who would imagine international bankers running a natural experiment for us, free of charge? And yet, they did, in the mid-2000s in China and Russia.

An Accidental Illiberal Recovery: Russia, 1999–2005

by Michael S. Bernstam, Alvin Rabushkavia Analysis
Tuesday, January 10, 2006

This is a story of an accidental series of policy decisions with enormous consequences.

Analysis and Commentary

The Other Way to Win Iraq

by Michael S. Bernstamvia
Thursday, December 15, 2005

It's economic policy. The new Iraqi government will be well positioned to implement it. Replace food rations with prepaid debit cards.

Analysis and Commentary

Russia Abolishes Inheritance Tax

by Alvin Rabushkavia
Monday, June 20, 2005

A comprehensive flat tax, which strives to tax income only once, would exclude inheritance from taxation on the ground that inherited money was taxed at the time of its earning and that taxing bequests amounts to double taxation.

Figure 1
Analysis and Commentary

China vs. Russia: Wealth Creation vs. Poverty Reduction

by Michael S. Bernstam, Alvin Rabushkavia
Monday, April 25, 2005

The 2005 press release of the World Trade Organization (WTO) highlights the new role China is playing in the world.

Figure 1. China: Non-performing loans, 2001-2004

China's Economic Policy is Systemic

by Michael S. Bernstam, Alvin Rabushka
Thursday, February 24, 2005

A terse announcement in China Daily on February 24, 2005, deserves a brief note.

Analysis and Commentary

Cambodia joins the WTO

by Alvin Rabushka, Michael S. Bernstamvia
Tuesday, September 7, 2004

A recent announcement that Cambodia joins the WTO, on the heels of China's accession in November 2001 and bypassing the disqualified Russia, makes abundantly clear who is what.