by Dan Mitchell | Sep 15, 2024 | Blogs, Tax Competition, Taxation
I wrote a few days ago about how Americans are moving from high-tax states to lower-tax states (mostly to states with no income taxes or flat taxes). Today, let’s look at international tax migration. I’ve addressed this issue before, but...
by Dan Mitchell | Sep 12, 2024 | Blogs, States, Tax Competition, Taxation
I’m a big fan of tax competition. I cheer when jobs, investment, and people (or even booze) move from high-tax jurisdictions to low-tax jurisdictions. This increases the rewards for good policy and also increases the punishment for bad policy. Given my...
by Dan Mitchell | Aug 15, 2024 | Blogs, States
In 2022, I wrote a two-part series (here and here) about fiscal decay in Illinois. I’m motivated to add Part III today because of this chart from Chris Edwards, which shows how many upper-income taxpayers are moving into a state compared to how...
by Dan Mitchell | Jul 23, 2024 | Blogs, Tax Competition, Taxation
I wrote a couple of days ago about the possibility of confiscatory taxes in France and whether that would lead to an exodus of upper-income taxpayer. Since that’s happened before, it’s very realistic to think it will happen again. Now let’s...
by Dan Mitchell | Jul 6, 2024 | Blogs, States, Taxation
Most people don’t appreciate the importance of trend lines in public policy. A country with just a little bit more growth each year will become significantly richer in the long run. A modest change in annual spending growth can make a big difference in long-run fiscal...