by Dan Mitchell | Oct 22, 2022 | Blogs, Tax Havens, Taxation
Most people don’t know how to define a “tax haven,” but we assume places with no income tax are on the list. And there’s a lot to admire when looking at jurisdictions such as Bermuda, Monaco, and the Cayman Islands. But what if we want to...
by Dan Mitchell | Oct 21, 2022 | Big Government, Blogs, Government Spending
Domestic programs are the main reason that the burden of government spending is expanding, with so-called entitlement outlays deserving the lion’s share of the blame. But this does not mean that advocates of limited government should give the...
by Dan Mitchell | Oct 13, 2022 | Blogs, States
What’s the reward for a governor who replaces a discriminatory and punitive system with a simple and fair flat tax, particularly in a year when many other states also are enacting better tax policy? The reward for Kim Reynolds of Iowa is the top...
by Dan Mitchell | Oct 6, 2022 | Big Government, Blogs, Economics, Government Spending
At the end of last month, I wrote about the growth-maximizing size of government, citing a study that estimated that the public sector in Sudan should not consume more than 11.17 percent of the nation’s economic output. I realize that very few people care...
by Dan Mitchell | Sep 30, 2022 | Big Government, Blogs, Economics, Government Spending
Most people have heard of the Laffer Curve, which shows that there is a non-linear relationship between tax rates and tax revenues (for instance, doubling tax rates won’t produce a doubling of tax revenue because people and businesses will have less...