by Dan Mitchell | Jul 18, 2022 | Blogs, Economics, Taxation
I’ve written a few columns that explain tax principles, but this video from the Tax Foundation may be the best place to start if you have friends or colleagues who need to learn the basics. As part of the article that accompanies the video, the Tax...
by Dan Mitchell | Jun 4, 2022 | Blogs, States, Tax Competition, Taxation
I’ve already shared the “feel-good story” for 2022, so today I’m going to share this year’s feel-good map. Courtesy of the Tax Foundation, here are the states that have lowered personal income tax rates and/or corporate income tax rates in 2021 and 2022....
by Dan Mitchell | Aug 2, 2021 | Big Government, Blogs, Taxation, Uncategorized
I recently explained the evolution of taxation – and the unfortunate consequences of income taxation – to a seminar in the country of Georgia. One of my main points was that income taxes are a relatively new source of revenue. The first income tax was adopted in the...
by Dan Mitchell | Jul 18, 2021 | Blogs, States, Tax Competition, Taxation
The best news of 2021 almost surely is the big expansion of school choice in several states. That’s a great development, especially for poor and minority families. But there’s another positive trend at the state level. As indicated...
by Dan Mitchell | Jun 18, 2021 | Blogs, Taxation
The IRS played partisan politics during the Obama years by targeting taxpayer organizations such “Tea Party” groups. Now the IRS is at it again, this time leaking the tax returns of selected rich people to advance Biden’s...