by Dan Mitchell | Mar 15, 2022 | Blogs, States, Taxation
I wrote two months ago about Iowa lawmakers voting for a simple and fair flat tax. I explained how this reform would make the state more competitive, but I want to build upon that argument with some of the Tax Foundation’s data. Starting with this map from...
by Dan Mitchell | Feb 16, 2022 | Blogs, Free Market
When I first wrote about the Index of Economic Freedom back in 2010, the United States was comfortably among the world’s 10-freest nations with a score of 78 out of 100. By last year, America had dropped to #20, with a very mediocre score of 74.8....
by Dan Mitchell | Feb 5, 2022 | Big Government, Blogs, Government Spending, Taxation
A key principle of economics is convergence, which is the notion that poorer nations generally grow faster than richer nations. For instance, battle-damaged European nations grew faster than the United States in the first few decades after World War II....
by Dan Mitchell | Jan 6, 2022 | Blogs, Economics, Free Market, Welfare and Entitlements
I created the Eighth Theorem of Government to illustrate the difference between well-meaning people (who want to help the poor) and zero-sum people (who seem to think some people are poor because other people are rich). This raises the...
by Dan Mitchell | Jan 5, 2022 | Blogs, Economics, Free Market
As I warned a few days ago, Biden’s so-called Build Back Better plan is not dead. There’s still a significant risk that this economy-sapping plan will get enacted, resulting in big tax increases and a larger burden of government spending....
