by Dan Mitchell | Feb 26, 2018 | Blogs, States, Tax Competition, Taxation
In 2016, here’s some of what I wrote about the economic outlook in Illinois. There’s a somewhat famous quote from Adam Smith (“there is a great deal of ruin in a nation“) about the ability of a country to survive and withstand lots of bad public policy. I’ve tried to...
by Dan Mitchell | Feb 20, 2018 | Blogs, Europe
If you’re reading this, you are a very lucky person because you were born at the right time. If you were born 500 years ago, 1000 years ago, or 1500 years ago, the odds are overwhelming that you would have endured a very short and difficult life, one that was...
by Dan Mitchell | Feb 6, 2018 | Blogs, Tax Havens, Taxation
According to bureaucrats at the Paris-based Organization for Economic Cooperation and Development, so-called tax havens are terrible and should be shut down. Their position is grossly hypocritical since they get tax-free salaries while pushing for higher taxes on...
by Dan Mitchell | Feb 1, 2018 | Blogs, Tax Competition, Taxation
If I was a citizen of the United Kingdom, I would have voted to leave the European Union for the simple reason that even a rickety lifeboat is better than a slowly sinking ship. More specifically, demographic changes and statist policies are a crippling...
by Dan Mitchell | Dec 13, 2017 | Blogs, Tax Competition, Taxation
When Ronald Reagan slashed tax rates in America in the 1980s, the obvious direct effect was more prosperity in America. But the under-appreciated indirect effect of Reaganomics was that it helped generate more prosperity elsewhere in the world. Not because Americans...
