by Dan Mitchell | Feb 1, 2018 | Blogs, Tax Competition, Taxation
If I was a citizen of the United Kingdom, I would have voted to leave the European Union for the simple reason that even a rickety lifeboat is better than a slowly sinking ship. More specifically, demographic changes and statist policies are a crippling...
by Dan Mitchell | Dec 13, 2017 | Blogs, Tax Competition, Taxation
When Ronald Reagan slashed tax rates in America in the 1980s, the obvious direct effect was more prosperity in America. But the under-appreciated indirect effect of Reaganomics was that it helped generate more prosperity elsewhere in the world. Not because Americans...
by Dan Mitchell | Nov 22, 2017 | Big Government, Blogs, Taxation
I’m not a fan of what is sometimes called the “European Project.” Yes, one of the original goals – free trade between European nations – was admirable and has generated significant benefits. But what started as a positive idea has morphed into a Brussels-based...
by Dan Mitchell | Sep 27, 2017 | Blogs, Europe
Since I’m in London for a couple of speeches, I’ve taken advantage of this opportunity to make sure I’m up to speed on Brexit. Regular readers may recall that I supported the U.K.’s decision to leave the European Union. Simply stated, the European Union is a slowly...
by Dan Mitchell | Aug 8, 2017 | Big Government, Blogs, Government Spending, Taxation
According to leftists like Bernie Sanders, European nations have wonderfully generous welfare states financed by high tax rates on the rich. They’re partly right. There are very large welfare states in Europe (though I wouldn’t use “wonderfully” and “generous” to...