by Dan Mitchell | Aug 11, 2013 | Blogs, Tax Competition, Taxation
President Obama promised he would unite the world…and he’s right. Representatives from dozens of nations have bitterly complained about an awful piece of legislation, called the Foreign Account Tax Compliance Act (FATCA), that was enacted back in 2010. They despise...
by Dan Mitchell | Jul 7, 2013 | Blogs, Tax Competition, Taxation
feel sorry for the people of California. They’re in a state that faces a very bleak future. And why does the Golden State have a not-so-golden outlook? Because interest groups have effective control of state and local political systems and they use their power to...
by Dan Mitchell | May 12, 2013 | Blogs, Economics, Tax Competition, Taxation
I’ve written many times about how investors, entrepreneurs, small business owners and other successful people migrate from high-tax states to low-tax states. Well, the same thing happens internationally, as France’s greedy politicians are now learning. It’s a lot...
by Dan Mitchell | Mar 14, 2013 | Blogs, Europe, Tax Competition, Taxation
As a general rule, it’s not right to take pleasure at the misfortune of others. But I think we’re allowed an exception to that Schadenfreude rule when the “others” are greedy politicians pursuing spiteful policies. We want the political elite to suffer misfortune...
by Dan Mitchell | Jan 6, 2013 | Big Government, Blogs, Tax Competition, Taxation, Welfare and Entitlements
Three years ago, I put together a “Moocher Index” that measured the degree to which non-poor people in a state were benefiting from redistribution programs. As you can see if you click on the nearby table, Vermont was the worst state, followed by Mississippi, Maine,...
