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 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...
by Dan Mitchell | Apr 10, 2021 | Big Government, Blogs, Taxation
The International Monetary Fund’s dogmatic support for higher taxes and bigger government makes it “the dumpster fire of the global economy.” Wherever IMF bureaucrats go, it seems they push for high-tax policies that will weaken growth. That’s...
by Dan Mitchell | Apr 7, 2021 | Blogs, Tax Competition, Tax Harmonization, Taxation
Way back in 2007, I narrated this video to explain why tax competition is very desirable because politicians are likely to overtax and overspend (“Goldfish Government“) if they think taxpayers have no ability to escape. The good news is that tax competition has been...
by Dan Mitchell | Apr 6, 2021 | Blogs, Tax Competition, Taxation
The state of New York is an economic disaster area. New York is ranked #50 in the Economic Freedom of North America.New York is ranked #48 in the State Business Tax Climate Index.New York is ranked #50 in the Freedom...
