by Dan Mitchell | Oct 23, 2019 | Blogs, States, Taxation
Following their recent assessment of the best and worst countries, the Tax Foundation has published its annual State Business Tax Climate Index, which is an excellent gauge of which states welcome investment and job creation and which states are unfriendly to growth...
by Dan Mitchell | Oct 21, 2019 | Blogs, Economics, Taxation
California is suffering a slow but steady decline. Bad economic policy has made the Golden State less attractive for entrepreneurs, investors, and business owners. Punitive tax laws deserve much of the blame, particularly the 2012 decision to impose a top tax rate of...
by Dan Mitchell | Oct 12, 2019 | Blogs, Energy, Taxation
I’m not a big fan of the International Monetary Fund for the simple reason that the international bureaucracy undermines global prosperity by pushing for higher taxes, while also exacerbating moral hazard by providing bailouts to rich investors who foolishly lend...
by Dan Mitchell | Oct 11, 2019 | Big Government, Blogs, Government Spending, Tax Competition, Taxation
I’m glad that Boris Johnson is Prime Minister for the simple reason that “Brexit” is far and away the most important issue for the United Kingdom. Whether it’s called a Clean Brexit or Hard Brexit, leaving the European Union is vital. It means escaping the transfer...
by Dan Mitchell | Oct 10, 2019 | Blogs, Economics, Supply Side, Taxation
In addition to being a contest over expanding the burden of government spending, the Democratic primary also is a contest to see who wants the biggest tax increases. Bernie Sanders and Elizabeth Warren have made class-warfare taxation an integral part of their...