by Dan Mitchell | Jun 19, 2010 | Blogs, Economic Growth, Tax Competition, Tax Havens
The Freeman has an article by an expert from Bermuda about the importance of giving taxpayers an escape option to curtail the greed of the political elite: The Declaration of Independence had it exactly right: “He [King George III] has erected a multitude of New...
by Dan Mitchell | Jun 19, 2010 | Blogs, Competition, Economic Growth, Tax Competition, Tax Harmonization, Taxation
The United States has a very anti-competitive corporate tax regime. The federal tax rates is 35 percent and the average of state corporate tax systems brings the rate to nearly 40 percent. In Europe, by contrast, the average corporate tax rate is about 25 percent....
by Dan Mitchell | Jun 18, 2010 | Blogs, Tax Competition, Taxation
Here’s a cheerful story I saw linked on Drudge, which shows that sometimes rich people are not guilt-ridden statists and instead stand shoulder to shoulder with ordinary people to fight bad government policy. In Australia, the leftist government wants to impose...
by Brian Garst | Jun 15, 2010 | Blogs, Economic Growth, Taxation
Budget wonks have long battled over the use of “static” versus “dynamic” budget scoring by agencies like the Congressional Budget Office or the Joint Committee on Taxation. While these organizations do often consider how changes in policies...
by Dan Mitchell | Jun 15, 2010 | Big Government, Blogs, Economic Growth
Obama and the Democrats are trying to enact a third so-called stimulus (a.k.a., jobs bill). I’d make a joke about three strikes and your out, but we should remember that this is actually the fourth attempt since we should count Bush’s lame faux stimulus in...
