by Dan Mitchell | Aug 8, 2023 | Blogs, Tax Competition, Taxation
Early in the Biden years, I wrote a three-part series (here, here, and here) to explain why a global minimum tax on companies is a bad idea. As I told the BBC back in 2021, this proposed tax cartel is a scheme to increase the tax burden...
by Dan Mitchell | Aug 7, 2023 | Big Government, Blogs, Monetary Policy
The U.K.-based Economist calculated a few years ago that Taiwan has been the world’s fastest growing economy over the previous 100 years. That’s not a big surprise since it started poor and is following the tried-and-true recipe for...
by Dan Mitchell | Aug 6, 2023 | Big Government, Blogs
There are many reasons to mock California voters and politicians. And there are also plenty of reasons to make fun of San Francisco voters and politicians. But what about the state’s other big city? Don’t politicians and voters in Los...
by Dan Mitchell | Aug 5, 2023 | Opinion and Commentary
Originally published by Bloomberg Law on July 31, 2023. There’s been a profound shift in state tax policy over the past couple of years. According to the Tax Foundation, 27 states have reduced personal and/or corporate income tax rates since the start of 2021. A few...
by Dan Mitchell | Aug 4, 2023 | Big Government, Blogs
Based on economic policy, was Richard Nixon America’s worst president? Or was it Herbert Hoover? How about Lyndon Johnson? And let’s not forget Woodrow Wilson. Those are all plausible options, but there’s a strong case to be made that Franklin...