by Dan Mitchell | Jul 14, 2019 | Blogs, Taxation
I’ve labeled the International Monetary Fund as the “dumpster fire” of the world economy. I’ve also called the bureaucracy the “Dr. Kevorkian” of international economic policy, though that reference many not mean anything to younger readers. My main complaint is that...
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 26, 2019 | Big Government, Blogs, Taxation
I wrote five years ago about the growing threat of a wealth tax. Some friends at the time told me I was being paranoid. The crowd in Washington, they assured me, would never be foolish enough to impose such a levy, especially when other nations such as Sweden have...
by Dan Mitchell | Jun 25, 2019 | Blogs, Europe, Taxation
I’ve argued for many years that a Clean Brexit is the right step for the United Kingdom for the simple reason that the European Union is a slowly sinking ship. Part of the problem is demographics. Europe’s welfare states are already very expensive and the relative...
by Dan Mitchell | Jun 20, 2019 | Big Government, Blogs, Taxation
Two years ago, I wrote about how Connecticut morphed from a low-tax state to a high-tax state. The Nutmeg State used to be an economic success story, presumably in large part because there was no state income tax. But then an income tax was imposed almost 30 years ago...
