by Dan Mitchell | May 10, 2018 | Big Government, Blogs, Economics, Taxation
A couple of months ago, I thought I did something meaningful by sharing six separate examples of the International Monetary Fund pressuring sub-Saharan African nations to impose higher tax burdens. This was evidence, I suggested, that the IMF had a disturbing agenda...
by Dan Mitchell | May 3, 2018 | Blogs, Taxation
When I did a poll earlier this year, asking which state would be the first to suffer a fiscal crisis, I wasn’t terribly surprised that Illinois wound up in first place. But I was surprised by the margin. Even though there’s a good case to be made for basket-case...
by Dan Mitchell | Apr 29, 2018 | Blogs, Tax Competition, Taxation
California is a lot like France. They’re both wonderful places to visit. And they’re both great places to live if you already have a lot of money. But neither jurisdiction is very friendly to people who want to get rich. And, thanks to tax competition, that’s having a...
by Dan Mitchell | Apr 18, 2018 | Blogs, Flat Tax, Taxation
The best policy for a state (assuming it wants growth and competitiveness) is to have no income tax. Along with a modest burden of government spending, of course. The next-best approach is for a state to have a flat tax. If nothing else, a flat tax inevitably will...
by Dan Mitchell | Apr 13, 2018 | Blogs, Taxation
Politicians routinely assert that they want more economic growth. That’s a laudable sentiment, although I doubt their sincerity for the simple reason that these are the same people who frequently impose policies that discourage productive economic activity. Growth...
