by Dan Mitchell | Jul 27, 2022 | Blogs, Economics, Taxation
To begin Part III of this series (here’s Part I and Part II), let’s dig into the archives for this video I narrated back in 2007. At the risk of patting myself on the back, all of the points hold up very well. Indeed, the past 15 years have produced more evidence that...
by Dan Mitchell | Jun 24, 2022 | Big Government, Blogs, Taxation
Yesterday’s column discussed Caterpillar’s decision to move its headquarters from high-tax Illinois to low-tax Texas. Today, we have more bad news for the Prairie State. A major investment fund, Citadel, also has decided to leave Illinois. Is the company moving to a...
by Dan Mitchell | Jun 23, 2022 | Big Government, Blogs, Taxation
I wrote a couple of days ago about California’s grim future. But now I’ll share some good news. No matter how bad California gets, the Golden State probably won’t have to worry about people and businesses fleeing to Illinois. That’s because the Prairie...
by Dan Mitchell | Jun 20, 2022 | Big Government, Blogs, Uncategorized
I’ve been warning for many years that California is committing “slow-motion suicide.” I discussed the not-so-golden future of the Golden State as part of a longer interview with Chile’s Axel Kaiser. If you don’t want to spend a couple of minutes to watch the...
by Dan Mitchell | Jun 9, 2022 | Big Government, Blogs, Taxation
Based on research from the Congressional Budget Office, I’ve shared estimates of the potential economic damage from the fiscal plan Joe Biden unveiled last year. But now he has a new budget. So what if we simply focus on the tax portion of...