by Dan Mitchell | May 14, 2021 | Taxation
There are three important principles for sensible tax policy. Low marginal tax rates on productive behaviorNo tax bias against capital (i.e., saving and investment)No tax preferences that distort the economy Today, let’s focus on #2. I’ve written many times about...
by Dan Mitchell | Mar 4, 2021 | Blogs, Economics, Free Market
The 2021 edition of the Index of Economic Freedom was released today (as I’ve repeatedly stated, it’s my favorite annual publication from the Heritage Foundation). There are five things that merit attention 1. Hong...
by Dan Mitchell | Feb 26, 2021 | Blogs, Economics
I repeatedly write about the importance of economic growth, usually citing data about gross domestic product (GDP), which is defined as “a monetary measure of the market value of all the final goods and services produced in a specific time...
by Dan Mitchell | Dec 18, 2020 | Blogs, Economics
According to the Fraser Institute’s Economic Freedom of North America, the most economically free jurisdiction in North America used to be the Canadian province of Alberta. But Alberta then slipped and New Hampshire claimed the top position. And, according to the...
by Dan Mitchell | Oct 21, 2020 | Blogs, Economics, States
Back in July, I wrote a three-part series designed to identify the states with the greediest politicians. Part I was based on the top income tax rate in each state. Part II was based on the sales tax rate in each state. Part III was based on the burden of government...