by Dan Mitchell | Oct 22, 2022 | Blogs, Tax Havens, Taxation
Most people don’t know how to define a “tax haven,” but we assume places with no income tax are on the list. And there’s a lot to admire when looking at jurisdictions such as Bermuda, Monaco, and the Cayman Islands. But what if we want to...
by Dan Mitchell | Oct 21, 2022 | Big Government, Blogs, Government Spending
Domestic programs are the main reason that the burden of government spending is expanding, with so-called entitlement outlays deserving the lion’s share of the blame. But this does not mean that advocates of limited government should give the...
by Dan Mitchell | Oct 20, 2022 | Blogs, Taxation
In the case of business taxation, the most visually powerful evidence for the Laffer Curve is what happened to corporate tax revenue in Ireland after the corporate tax rate was slashed from 50 percent to 12.5 percent. Tax revenue increased dramatically....
by Dan Mitchell | Oct 19, 2022 | Blogs
I wrote many years ago that China did not have a “tiger economy.” Indeed, I subsequently pointed out that China’s growth is not impressive when compared to East Asian nations that did enjoy rapid growth. My goal was to convince people that the U.S....
by Dan Mitchell | Oct 18, 2022 | Blogs, Taxation
There is not a lot of suspense when the Tax Foundation releases its annual International Tax Competitiveness Index. The “improbable success” of Estonia once again ranks #1. Just like in 2021, 2020, 2019, etc, etc. Its Baltic...
