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Economic Backsliding by China, Part I

Economic Backsliding by China, Part I

by Dan Mitchell | Aug 22, 2021 | Blogs, Economics, Taxation

Long-time readers know that I periodically pour cold water on the notion that China is an economic superstar. Yes, China did engage in some economic liberalization late last century, and those reforms should be applauded because they...
Economic Backsliding by China, Part I

U.S. vs. China: You Don’t Beat Cronyism with Cronyism

by Dan Mitchell | Aug 1, 2021 | Blogs, Economics

China is not going to surpass the United States as the world’s dominant economy. As I first wrote back in 2010, China is a paper tiger. Yes, there was some pro-market reform last century, which helped reduce mass poverty, but China only took...
Four Fiscal Policy Lessons from Ireland

Four Fiscal Policy Lessons from Ireland

by Dan Mitchell | Jun 1, 2021 | Big Government, Blogs, Government Spending

In the world of public finance, Ireland is best known for its 12.5 percent corporate tax rate. That’s a very admirable policy, as will be momentarily discussed, but my favorite Irish policy was the four-year spending freeze in the late 1980s....
Biden’s Tax Plan Contains a Poison Pill for American Firms that Compete in Global Markets

Biden’s Tax Plan Contains a Poison Pill for American Firms that Compete in Global Markets

by Dan Mitchell | May 24, 2021 | Blogs, Tax Competition, Tax Harmonization, Taxation

As explained here, here, here, and here, I don’t like Biden’s class-warfare tax policy. I’m especially concerned about his approach to business taxation. He wants to penalize American-based companies with the highest corporate...
New York’s Fiscal Suicide

New York’s Fiscal Suicide

by Dan Mitchell | Apr 6, 2021 | Blogs, Tax Competition, Taxation

The state of New York is an economic disaster area. New York is ranked #50 in the Economic Freedom of North America.New York is ranked #48 in the State Business Tax Climate Index.New York is ranked #50 in the Freedom...
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