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Connecticut’s Metamorphosis from the Nutmeg State to the Taxnut State

Connecticut’s Metamorphosis from the Nutmeg State to the Taxnut State

by Dan Mitchell | Apr 9, 2017 | Blogs, Tax Competition, Taxation

To pick the state with the best tax policy, the first step is to identify the ones with no income tax and then look at other variables to determine which one deserves the top ranking. For what it’s worth, I put South Dakota at the top. Picking the state with the worst...
Tax and Development: What the U.N. Gets Wrong and What the U.N. Doesn’t Get Right

Tax and Development: What the U.N. Gets Wrong and What the U.N. Doesn’t Get Right

by Dan Mitchell | Apr 8, 2017 | Blogs, Economics, Tax Competition, Taxation

I’ve been at the United Nations this week for both the 14th Session of the Committee of Experts on International Cooperation in Tax Matters as well as the Special Meeting of ECOSOC on International Cooperation in Tax Matters. As you might suspect, it would be an...

Will Republicans Drain the Regulatory Swamp?

by Dan Mitchell | Apr 7, 2017 | Blogs, Economics, Regulations

On major economic issues, it does not appear that Republican control of Washington makes much of a difference. Efforts to repeal Obamacare have bogged down because GOPers are willing to deal with the fiscal wreckage of that law, but don’t seem very comfortable about...
The Transition from Communism in the Soviet Bloc and Lessons for Cuba, North Korea, and Venezuela

The Transition from Communism in the Soviet Bloc and Lessons for Cuba, North Korea, and Venezuela

by Dan Mitchell | Apr 6, 2017 | Blogs, Economics, Free Market

It appears that Venezuela is on the brink of collapse as it enters the fourth circle of statist hell. And the death of Cuba’s long-time dictator gives hope that the people of that island nation may soon escape communist tyranny. Moreover, one certainly hopes that the...
Minimum Wage Laws, Jobs, and the Sobering Impact of Decentralization

Minimum Wage Laws, Jobs, and the Sobering Impact of Decentralization

by Dan Mitchell | Apr 5, 2017 | Blogs, Economics, Minimum Wage

The real world is like a cold shower for our friends on the left. Everywhere they look, there is evidence that jurisdictions with free markets and small government outperform places with big welfare states and lots of intervention. That’s true when comparing nations....
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