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...
by Dan Mitchell | May 27, 2018 | Blogs, Economics, Flat Tax, Free Market, Taxation
Normally when I write about Georgia, it’s to wax poetic about the Glorious Bulldogs. But I’m currently in Tbilisi, the capital of the nation of Georgia, which is wedged between Russia, Turkey, Armenia, and Azerbaijan. So allow me to take this opportunity to highlight...
by Dan Mitchell | Apr 18, 2018 | Blogs, Flat Tax, Taxation
The best policy for a state (assuming it wants growth and competitiveness) is to have no income tax. Along with a modest burden of government spending, of course. The next-best approach is for a state to have a flat tax. If nothing else, a flat tax inevitably will...
by Dan Mitchell | Feb 8, 2018 | Blogs, Economics, Taxation
I strongly applauded the tax reform plan that was enacted in December, especially the lower corporate tax rate and the limit on the deduction for state and local taxes. But I’m not satisfied. Our long-run goal should be fundamental tax reform. And that means replacing...