by Dan Mitchell | Aug 10, 2023 | Big Government, Blogs
The theory of “public choice” teaches us how politicians do dumb things because of perverse incentives. To illustrate, let’s look at something really dumb: sugar subsidies. I wrote about these inane subsidies back in 2018. In that column, I shared...
by Dan Mitchell | Aug 9, 2023 | Blogs, Tax Competition, Taxation
Yesterday’s column pointed out why supporters of a global corporate tax cartel are misguided. Today, I’m going to admit that I made a mistake. Not yesterday, but two years earlier. Back in 2021, I put together a list of winners and losers from the proposed...
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...
