America’s Corporate Tax Rate is So Punitive that Companies Are Even Moving to Welfare States Like the U.K. to Be More Competitive

by Dan Mitchell | Aug 30, 2012 | Blogs, Tax Competition, Taxation

I was a bit surprised couple of years ago to read that an American company re-located to Canada to benefit from better tax policy. But I wasn’t totally shocked by the news because Canada has been lowering tax rates, reducing the burden of government spending, and...

It’s Not April Fool’s Day, but New York Times Columnist Wants America to Become More Prosperous by Raising Taxes on the Middle Class and Becoming More Like Italy

by Dan Mitchell | Aug 17, 2012 | Big Government, Blogs, Government Spending, Taxation

Every so often, you read something so ridiculously stupid and absurd that you assume that you’re being pranked. So you look to the date of the article to see if it says April 1. Or you look at the Internet address to see if it’s a parody of a real website. So when I...

A Primer on the Flat Tax and Fundamental Tax Reform

by Dan Mitchell | Aug 12, 2012 | Blogs, Economics, Tax Competition, Taxation

In previous posts, I put together tutorials on the Laffer Curve, tax competition, and the economics of government spending. Today, we’re going to look at the issue of tax reform. The focus will be the flat tax, but this analysis applies equally to national sales tax...

Since Leftists Don’t Like Corporate Loopholes, They Should Support the Flat Tax

by Dan Mitchell | Aug 9, 2012 | Blogs, Flat Tax, Taxation

I appeared on CNBC a couple of days ago to discuss a new report which claims that some big U.S. companies “only” paid 9 percent of their income to the government. While I’m a bit skeptical of the numbers (did it include the taxes paid to foreign governments, for...

America’s Olympic Athletes Should Be Taxed on Their Winnings (but Not by the IRS)

by Dan Mitchell | Aug 4, 2012 | Blogs, Economics, Tax Competition, Taxation

My friends at Americans for Tax Reform have received a bunch of attention for a new report entitled “Win Olympic Gold, Pay the IRS.” In this clever document, they reveal that athletes could face a tax bill – to those wonderful folks at the IRS – of nearly $9,000...