by Dan Mitchell | Jun 29, 2019 | Blogs, Economics, Flat Tax, States, Taxation
Regarding fundamental tax reform, there have been some interesting developments at the state level in recent years. Utah, North Carolina, and Kentucky have all junked their so-called progressive systems and joined the flat tax club. That’s the good news. The bad news...
by Dan Mitchell | Jun 17, 2019 | Blogs, Tax Competition, Taxation
Proponents of bigger government sometimes make jaw-dropping statements. I even have collections of bizarre assertions by both Hillary Clinton and Barack Obama. What’s especially shocking is when statists twist language, such as when they claim all income is the...
by Dan Mitchell | May 26, 2019 | Blogs, Economics, Taxation
Earlier today at the Friedman Conference in Australia, I spoke on the proper design of a tax system. My goal was to explain the problem of double taxation. I’ve repeatedly shared a flowchart to illustrate the pervasive double taxation in the current system (my example...
by Dan Mitchell | Apr 27, 2019 | Blogs, States, Taxation
If the people who advocate higher taxes really think it’s a good idea to give politicians more cash, why don’t they voluntarily send extra money with their tax returns? Massachusetts actually makes that an easy choice since state tax forms give people the option of...
by Dan Mitchell | Mar 14, 2019 | Big Government, Blogs, Tax Competition, Taxation
I wrote a couple of weeks ago about how New York is committing slow-motion fiscal suicide. The politicians in Illinois must have noticed because they now want (another “hold my beer” moment?) to accelerate the already-happening collapse of their state. The new...