by Dan Mitchell | Jul 24, 2020 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
I participated in a debate yesterday on “tax havens” for the BBC World Service. If you read last month’s two-part series on the topic (here and here), you already know I’m a big defender of low-tax jurisdictions. But it’s always interesting to interact with people...
by Dan Mitchell | Jul 23, 2020 | Big Government, Blogs, Welfare and Entitlements
There are many reasons to be depressed about Italy. Bad policy is part of the problem, of course, but this chart shows that the country also is facing a demographic crisis. The blue lines show that there are now more deaths than births. The chart comes from...
by Dan Mitchell | Jul 22, 2020 | Blogs, Tax Competition, Taxation
New York is ranked dead last for fiscal policy according to Freedom in the 50 States. But it’s not the worst state, at least according to the Tax Foundation, which calculates that the Empire State is ranked #49 in the latest edition of the State Business Tax Climate...
by Dan Mitchell | Jul 21, 2020 | Big Government, Blogs, Europe
In its early days, the European Union increased economic liberty since it largely existed as a free-trade pact for member nations. Unfortunately, it has subsequently shifted to a more statist approach, with countries like France and Germany pushing for ever-increasing...
by Dan Mitchell | Jul 20, 2020 | Big Government, Blogs
Back in 2017, the Center for Freedom and Prosperity released this video, which shows that free markets and small government are the best recipe for poor nations that want to become rich nations. The CF&P video was motivated in part by a need to debunk...