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...
by Dan Mitchell | Mar 28, 2017 | Big Government, Blogs, Taxation
I wrote yesterday about how the Organization for Economic Cooperation and Development (OECD) is pushing for bigger government in China. That’s a remarkable bit of economic malpractice by the Paris-based international bureaucracy, especially since China is only ranked...
by Dan Mitchell | Mar 22, 2017 | Blogs, Taxation
Why would the economy grow faster if we got fundamental reform such as the flat tax? In part, because there would be one low tax rate instead of the discriminatory and punitive “progressive” system that exists today. As such, the penalty on productive behavior would...
by Dan Mitchell | Feb 27, 2017 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
In my never-ending strategy to educate policy makers about the Laffer Curve, I generally rely on both microeconomic theory (i.e., people respond to incentives) and real-world examples. And my favorite real-world example is what happened in the 1980s when Reagan cut...
by Dan Mitchell | Feb 20, 2017 | Blogs, Taxation
Back in 2014, I shared some data from the Tax Foundation that measured the degree to which various developed nations punished high-income earners. This measure of relative “progressivity” focused on personal income taxes. And that’s important because that levy often...
