New European Data: When Tax Competition Is Weakened, Politicians Respond by Increasing Tax Rates

by Dan Mitchell | May 4, 2013 | Blogs, Financial Privacy, Tax Competition, Taxation

I often argue that we need to preserve tax competition and tax havens in order to limit the greed of the political class. Without some sort of external constraint, they will over-tax and over-spend, creating the kind of downward economic spiral already happening in...

Based on a Review of Studies Looking at the Impact of Taxes on Growth, Academic Research Gives Obama a Record of 0-23-3

by Dan Mitchell | Jan 18, 2013 | Blogs, Economics, Taxation

How do you define a terrible team? No, this isn’t going to be a joke about Notre Dame foolishly thinking it could match up against a team from the Southeastern Conference in college football’s national title game (though the Irish win the contest for prettiest...

How the Welfare State Traps the Poor in Dependency, the British Version

by Dan Mitchell | Dec 26, 2012 | Big Government, Blogs, Europe, Government Spending, Welfare and Entitlements

Back in 2011, I linked to a simple chart that illustrated how handouts and subsidies create very high implicit marginal tax rates for low-income people and explained how “generosity” from the government leads to a tar-paper effect that limits upward mobility. Earlier...