by Dan Mitchell | Mar 12, 2025 | Blogs, Trade
Mark Perry of the American Enterprise Institute is famous for his Venn Diagrams that highlight intellectual incoherence and dishonesty. Taxation and incentives The War on Drugs The Minimum wage The Food and Drug Administration Consenting adults Trade Taxation and...
by Dan Mitchell | Jan 11, 2025 | Big Government, Blogs, States, Taxation
In my efforts to promote economic liberty, I usually focus on real-world evidence. Sometimes this means looking at one policy (Norway’s wealth tax, for instance) and examining what happened (lots of rich people moving to Switzerland). But often it means looking...
by Dan Mitchell | Jul 11, 2024 | Blogs, Tax Competition, Taxation
The fundamental insight of supply-side economics is that people respond to incentives. So if the government imposes a high tax rate on income, people will try to avoid or evade the money grab. Especially if they have any ability to control the...
by Dan Mitchell | Jan 29, 2024 | Big Government, Blogs, Government Spending, States, Taxation
The good news is that Louisiana voters recently voted to lower their state’s top income tax rate. The bad news is that Louisiana’s economic policy still leaves much to be desired. Ranked #40 by the Tax Foundation. Ranked #26 by the Fraser...
by Dan Mitchell | Mar 6, 2023 | Blogs, Tax Competition, Taxation
There’s been great progress in recent years with regards to state tax policy. When I put together my first ranking back in 2018, there were 9 states with flat taxes and and 3 states with low-rate graduated tax systems. Today, there are 11 (soon to...