by Dan Mitchell | Dec 20, 2012 | Blogs, Economics, Europe, Tax Competition, Taxation
Another Frenchman has “gone Galt.” First, it was France’s richest entrepreneur. Now, it’s the nation’s most famous actor. Gerard Depardieu has officially announced – in a letter to France’s thuggish Prime Minister – that he is tired of paying 85 percent of his income...
by Dan Mitchell | Dec 18, 2012 | Blogs, Economics, Government Spending, Taxation
One of the key ways of controlling state and local tax burdens, according to this map from the Tax Foundation, is to not have an income tax. But that’s not too surprising. States have just a couple of ways of generating significant tax revenue, so it stands to reason...
by Dan Mitchell | Oct 10, 2012 | Big Government, Blogs, Government Spending, States, Tax Competition, Taxation
I periodically mock the crazy statists of California. The state is almost surely doomed to suffer a Greek-style fiscal chaos. The only unknown is whether Illinois will beat the Golden State into default. The politicians in Sacramento impose very high taxes to fund a...
by Dan Mitchell | May 29, 2012 | Big Government, Blogs, Government Spending, Tax Competition, Taxation
The fiscal nightmare in Europe should be all the proof that’s needed about the dangers of wasteful spending and punitive tax rates. Unfortunately, if his proposals for bigger government and class-warfare tax policy are any indication, President Obama still seems to...
by Dan Mitchell | May 11, 2012 | Blogs, Tax Competition, Taxation
It is very sad that America’s tax system is so onerous that some rich people feel they have no choice but to give up U.S. citizenship in order to protect their family finances. I’ve written about this issue before, particularly in the context of Obama’s class-warfare...
