by Dan Mitchell | Jan 9, 2021 | Blogs, Tax Competition, Taxation
If you ask normal people about the biggest thing that happened in 2020, they’ll probably pick coronavirus, though some might say the 2020 election. But if you ask a policy wonk, you may get a different answer. Especially if we’re allowed to tweak the question a bit...
by Dan Mitchell | Dec 6, 2020 | Blogs, States
I asked a couple of years ago, “How long can California survive big government?” Based on migration patterns, the answer is “Not much longer.” Simply stated, bad fiscal and regulatory policy have produced a long-run decline for the Golden State. So we shouldn’t be...
by Dan Mitchell | Oct 29, 2020 | Blogs, Tax Competition, Taxation
Back in 2013, I wrote about Phil Mickelson escaping high-tax California and moving to zero-income tax Florida. The famed golfer grew up in California, but decided that the 2012 decision to boost the top tax rate to 13.3 percent mattered more than beautiful climate and...
by Dan Mitchell | Oct 24, 2020 | Blogs, Tax Competition, Taxation
When I opine about class-warfare taxation, I generally focus on the obvious argument that it’s not a good idea to penalize people for creating prosperity. This argument against punitive tax policy is based on the fact that entrepreneurs, investors, business owners,...
by Dan Mitchell | Aug 3, 2020 | Big Government, Blogs, Taxation
There’s a reason that Greece is almost synonymous with bad economic policy. The country has endured some terrible prime ministers, most recently Alexis Tsipras of the far-left Syriza Party. Andreas Papandreou, however, wins the prize for doing the most damage. He...
