by Dan Mitchell | Oct 15, 2017 | Blogs, Taxation
When companies want to boost sales, they sometimes tinker with products and then advertise them as “new and improved.” In the case of governments, though, I suspect “new” is not “improved.” The British territory of Jersey, for instance, has a very good tax system. It...
by Dan Mitchell | Oct 14, 2017 | Blogs, Taxation
I’m not a fan of the International Monetary Fund. Like many other international bureaucracies, it pushes a statist agenda. The IMF’s support for bad policy gets me so agitated that I’ve sometimes referred to it as the “dumpster fire” or “Dr. Kevorkian” of the global...
by Dan Mitchell | Oct 10, 2017 | Blogs, Tax Competition, Taxation
I shared some academic research last year showing that top-level inventors are very sensitive to tax policy and that they migrate from high-tax nations to low-tax jurisdictions. Now we have some new scholarly research showing that they also migrate from high-tax...
by Dan Mitchell | Oct 2, 2017 | Blogs, Taxation
There are several challenges when trying to analyze the impact of policy on economic performance. One problem is isolating the impact of a specific policy. I like Switzerland’s spending cap, for instance, but to what extent is that policy responsible for the country’s...
by Dan Mitchell | Sep 11, 2017 | Blogs, Economics
If tax policy was a religion, the Holy Trinity of reform would be very straightforward. Lower tax rates in order to encourage more productive behavior. Get rid of double taxation in order to enable saving and investment. End distorting preferences in order to reduce...
