by Dan Mitchell | Jul 10, 2022 | Blogs, Tax Competition, Taxation
I’ve written many times about the importance of low tax rates, specifically low marginal tax rates on productive activity such as work, saving, investment, and entrepreneurship. And I’ve explained that it is especially beneficial to have...
by Dan Mitchell | May 11, 2022 | Blogs, States
Federalism is very desirable because it allows different parts of the country to make different decisions, and this helps to teach us about what works. And what doesn’t. It also means Americans can “vote with their feet” by migrating across local...
by Dan Mitchell | Apr 10, 2022 | Blogs, Tax Competition, Taxation
I’m a big fan of federalism. It gives people more freedom to choose the type of economic policy they prefer.A system of federalism promotes jurisdictional competition and policy innovation.Decentralization generates more evidence in...
by Dan Mitchell | Mar 19, 2022 | Blogs, Tax Competition, Taxation
I’m a big fan of tax competition. Why? Because if they’re not constrained by the fear that taxpayers can escape, I worry that short-sighted politicians (i.e., “stationary bandits“), will over-tax and over-spend. And that can lead to Greek-like fiscal...
by Dan Mitchell | Jan 3, 2022 | Blogs, Tax Competition, Taxation
In my recent column listing the “Best and Worst News of 2021,” I included Joe Biden’s global tax cartel as one of the awful things that happened in the past 12 months. It’s bad news for workers, consumers, and shareholders that...
