August 21, 2023

Implementing Tax Competition in Spain

The elimination of the wealth tax by the Regional Government of Andalusia to attract high-income taxpayers triggered different reactions. Some autonomous communities (ACs) decided to follow Andalusia’s lead, such as Murcia, which announced the elimination of wealth tax in 2023, or the Community of Valencia, which has just approved a modest reduction in personal income tax for the lowest incomes.
July 19, 2023


The last three years have brought many old ghosts to Europe. The COVID-19 pandemic was the biggest health crisis since the Spanish flu, wars have erupted again on European soil after decades of peace, and inflation, a long-gone foe for the bureaucrats in the European Central Bank, has struck again.
June 29, 2023

Trapped by Taxation: How Inheritance Tax Impedes Economic Mobility

Equality of opportunity is a key foundational principle of liberalism. The most widely accepted definition of equality of opportunity among liberals is the absence of systematic barriers, such as legal discrimination, which hinder individuals from achieving their life goals.