by Dan Mitchell | Apr 27, 2021 | Taxation
When I ask my left-leaning friends what they think about the flight of investors, entrepreneurs, and business owners from high-tax states, I tend to get three responses. It isn’t actually happening (these are my friends who apparently don’t know how to read).It’s...
by Dan Mitchell | Apr 23, 2021 | Blogs, Capital Gains, Taxation
Because of the negative impact on competitiveness, productivity, and worker compensation, it’s a very bad idea to impose double taxation of saving and investment. Which is why there should be no tax on capital gains, and a few nations...
by Dan Mitchell | Apr 20, 2021 | Big Government, Blogs, Government Spending
As part of my recent interview about European economic policy with Gunther Fehlinger, I pontificated on issues such as Convergence and Wagner’s Law. I also explained why a Swiss-style spending cap could have saved Greece and Italy...
by Dan Mitchell | Apr 19, 2021 | Big Government, Blogs
In my lifetime, the only good president has been Ronald Reagan, whose policies restored America’s economy and led to the end of the Soviet Union’s evil empire. But if we look at the past 100 years, Calvin Coolidge might rank even higher. Amity...
by Dan Mitchell | Apr 16, 2021 | Blogs, Taxation, VAT
My views on the value-added tax are very straightforward. Washington taxes too much today and wastes too much money today.Giving D.C. politicians even more tax revenue will encourage more fiscal profligacy.It is profoundly...