by Dan Mitchell | Apr 14, 2016 | Big Government, Blogs, Taxation
If you follow the contest between Hillary Clinton and Bernie Sanders, most of the tax discussion is about who has the best plan to squeeze the rich with ever-higher tax rates. For those motivated by spite and envy, Bernie Sanders “wins” that debate since he wants...
by Dan Mitchell | Apr 13, 2016 | Blogs, Economics, Taxation
I recently wrote a primer on the issue of tax evasion, which is illegal. I made the elementary point that low tax rates and a simple tax code are the best (and only good) way of promoting high levels of tax compliance. Now let’s shift to the related topic of tax...
by Dan Mitchell | Apr 12, 2016 | Blogs, Economics, Taxation
I wrote recently about the Pfizer-Allergan merger and made the case that it was a very sensible way to protect the interests of workers, consumers, and shareholders. That’s the good news. Why? Because companies should be allowed to engage in a do-it-yourself form of...
by Dan Mitchell | Apr 11, 2016 | Blogs, Economics, Free Market
I don’t care whether it’s called socialism, fascism, or communism, statism is evil and destructive. And going partway down that path with “democratic socialism” may avoid brutality, but the end result is still economic misery. In hopes of getting this point across, I...
by Dan Mitchell | Apr 10, 2016 | Blogs, Economics, Tax Competition, Taxation
I’m hoping the “Panama Papers” issue will quickly fade from the news (as happened after a similar data theft from BVI in 2013) for the simple reason that even left-leaning reporters will get bored when they discover it is mostly a story about internationally active...