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Connecticut’s Metamorphosis from the Nutmeg State to the Taxnut State

Connecticut’s Metamorphosis from the Nutmeg State to the Taxnut State

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...
Minimum Wage Laws, Jobs, and the Sobering Impact of Decentralization

Minimum Wage Laws, Jobs, and the Sobering Impact of Decentralization

by Dan Mitchell | Apr 5, 2017 | Blogs, Economics, Minimum Wage

The real world is like a cold shower for our friends on the left. Everywhere they look, there is evidence that jurisdictions with free markets and small government outperform places with big welfare states and lots of intervention. That’s true when comparing nations....

Can Corporate Rate Reduction Save the Tax Agenda?

by Dan Mitchell | Apr 4, 2017 | Blogs, Tax Competition, Taxation

The good news is that the House put together an Obamacare-repeal bill that reduced the fiscal burden of government. The bad news is that the legislation didn’t address the regulations and interventions that produce rising costs and sectoral inefficiency because of the...
China Won’t Become a Rich Nation if it Follows the OECD’s Bad Advice

China Won’t Become a Rich Nation if it Follows the OECD’s Bad Advice

by Dan Mitchell | Mar 27, 2017 | Big Government, Blogs, Economics, Free Market

The Organization for Economic Cooperation and Development has published a 136-page “Economic Survey” of China. My first reaction is to wonder why the Paris-based bureaucracy needs any publication, much less such a long document, when Economic Freedom of the...
Research from European Central Bank Measures How Regulation Stifles Growth and Reduces Living Standards

Research from European Central Bank Measures How Regulation Stifles Growth and Reduces Living Standards

by Dan Mitchell | Mar 20, 2017 | Big Government, Blogs, Economics, Regulations

It’s relatively easy to demonstrate how certain regulations make our lives less pleasant (inferior light bulbs, substandard toilets, inadequate washing machines, crummy dishwashers, etc). Furthermore, it’s also simple to highlight examples of foolish and...
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