Politicians from high-tax nations hate tax competition. It’s hard to turn people into tax slaves, after all, if they can shift economic activity to a less oppressive nation. But this is old news. What is worth noting, though, is the lengths to which the statists…
Daily Analysis
Higher Tax Rates Causing More Problems in London.
With Barack Obama planning big tax rate increases in America, it’s useful to see how that policy is working in the United Kingdom. According to the Mayor of London, the answer is not very encouraging. Many successful entrepreneurs and investors are fleeing for…
Do Taxes Make People Unhappy
A column in the Wall Street Journal reports on a new study showing that people tend to be unhappiest in high-tax states. This type of research is very imprecise, to be sure, and it may be that the causality (if any) is that unhappy people vote for higher taxes. The…