by Dan Mitchell | Sep 15, 2018 | Blogs, Economics
I’ve repeatedly argued that faster growth is the only effective way of helping the less fortunate. Class warfare and redistribution, by contrast, are not effective. Such policies are based on the fallacy that the economy is a fixed pie, and proponents of this view...
by Dan Mitchell | Sep 12, 2018 | Blogs, Economics, Taxation
If the goal is higher living standards, then higher levels of productivity are necessary. And that requires entrepreneurship and innovation. But bad tax policy can be an obstacle to the economic choices that create a better future. I’ve already shared lots of...
by Dan Mitchell | Aug 22, 2018 | Blogs, Economics
The good news about China is that economic liberalization has produced impressive growth in recent decades, which has helped bring hundreds of millions of people out of poverty. The bad news is that China started from such a low position that per-capita income is...
by Dan Mitchell | Jul 2, 2018 | Big Government, Blogs, Taxation
New Jersey is a fiscal disaster area. It’s in last place in the Tax Foundation’s index that measures a state’s business tax climate. It’s tied for last place in the Mercatus Center’s ranking of state fiscal conditions. And it ranks in the bottom-10 in measures...
by Dan Mitchell | May 4, 2018 | Big Government, Blogs, Taxation
I wrote last July about how greedy politicians in Seattle, Washington, were trying to impose a local income tax. That effort has been stymied since there’s anti-income-tax language in the state constitution (Washington is one of nine states without that punitive...
