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America’s Number One! America’s Number One!…Oops, Never Mind

by Dan Mitchell | Dec 15, 2010 | Blogs, Tax Competition, Taxation

Sometimes it’s not a good idea to be at the top of a list. And now that Japan has announced a five-percentage point reduction in its corporate tax rate, the United States will have the dubious honor of imposing the developed world’s highest corporate tax rate. Here’s...

Don’t Be Afraid of the Chinese Economic Tiger

by Dan Mitchell | Aug 20, 2010 | Blogs, Economics, Free Market

The news that China has surpassed Japan as the world’s second-largest economy has generated a lot of attention. It shouldn’t. There are roughly 10 times as many people in China as there are in Japan, so the fact that total gross domestic product in China is now bigger...
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