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OECD Study Admits Income Taxes Penalize Growth, Acknowledges that Tax Competition Restrains Excessive Government

OECD Study Admits Income Taxes Penalize Growth, Acknowledges that Tax Competition Restrains Excessive Government

by Dan Mitchell | May 17, 2013 | Blogs, Tax Competition, Taxation

I have to start this post with a big caveat. I’m not a fan of the Paris-based Organization for Economic Cooperation and Development. The international bureaucracy is infamous for using American tax dollars to promote a statist economic agenda. Most recently, it...
Tax and Expenditure Limits: The Challenge of Turning Mitchell’s Golden Rule from Theory into Reality

Tax and Expenditure Limits: The Challenge of Turning Mitchell’s Golden Rule from Theory into Reality

by Dan Mitchell | May 13, 2013 | Big Government, Blogs, Economics, Government Spending

The main goal of fiscal policy should be to shrink the burden of government spending as a share of economic output. Fortunately, it shouldn’t be too difficult to achieve this modest goal. All that’s required is to make sure the private sector grows faster than the...

Going Galt: More Americans Vote with their Feet against Obama

by Dan Mitchell | May 12, 2013 | Blogs, Economics, Tax Competition, Taxation

I’ve written many times about how investors, entrepreneurs, small business owners and other successful people migrate from high-tax states to low-tax states. Well, the same thing happens internationally, as France’s greedy politicians are now learning. It’s a lot...

Following in Geithner’s Footsteps, Treasury Secretary Lew Urges Bad Fiscal Policy in other Nations

by Dan Mitchell | May 11, 2013 | Blogs, Economics, Europe, Keynesian

Political insiders remember Tim Geithner for his role in promoting the bailout culture and crony capitalism in Washington. Comedians remember him for the laughable hypocrisy of urging higher taxes for others while cheating on his own tax return. But I mostly think of...

Why the So-Called Marketplace Fairness Act Is a Misguided Expansion of Power for State Governments

by Dan Mitchell | May 8, 2013 | Blogs, Tax Competition, Taxation

I’m either a total optimist or a glutton for punishment. I recently explained the benefits of “tax havens” for the unfriendly readers of the New York Times. Now I’m defending a different form of tax competition for CNN, another news outlet that leans left. In this...
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