By Brian Figeroux, Esq. The structure of a nation’s taxation system has significant implications for economic growth, trade, and income distribution. One radical fiscal policy proposal is replacing income tax with increased tariffs on imports. While this approach could simplify tax collection and potentially promote domestic industries, it also carries substantial risks, including inflation, trade […]
By Sir Ronald Sanders | Editorial credit: Fokke baarssen / shutterstock.com A rules-based international trading system has long been a foundation of global commerce, providing stability, fostering investment, and ensuring fair competition. Though imperfect, it has helped to underpin economic growth worldwide, benefiting major economic powers particularly, but with some benefits to smaller states as […]