by Dan Mitchell | Sep 28, 2015 | Blogs, Economics, Taxation
It’s been a challenge to assess Donald Trump’s fiscal policies since they’ve been an eclectic and evolving mix of good and bad soundbites. Though I did like what he said about wanting to pay as little tax as possible because the government wastes so much of our money....
by Dan Mitchell | Sep 16, 2015 | Blogs, Economics, Free Market
Last month, I cited data from Economic Freedom of the World to explain that the United States was becoming less competitive because of creeping protectionism and reductions in the rule of law and property rights. Now I have more bad news to share. Last year, the...
by Dan Mitchell | Sep 10, 2015 | Blogs, Education, Taxation
In my 2012 primer on fundamental tax reform, I highlighted the three biggest warts in the current system. 1. High tax rates that penalize productive behavior such as work and entrepreneurship. 2. Pervasive double taxation that undermines saving and investment. 3....
by Dan Mitchell | Sep 7, 2015 | Blogs, Economics, States, Tax Competition, Taxation
Here’s a quiz for readers. When politicians increase taxes, the result is: a) More spending? b) More red ink? c) Fewer jobs? d) Out-migration of productive taxpayers? e) Reduced competitiveness? f) Less investment? g) A bigger underground economy? h) More corruption?...
by Dan Mitchell | Aug 28, 2015 | Blogs, Free Market
At the risk of stereotyping, the Chinese people are remarkably productive when given the chance. Hong Kong and Singapore are dominated by ethnic Chinese, and those jurisdictions routinely rank among the world’s top economies. Taiwan is another high-performing economy...
