by Dan Mitchell | Apr 30, 2023 | Blogs, Tax Competition, Taxation
I realize it’s not nice to take pleasure in the misfortune of others, but that rule does not apply when bad things happen to greedy politicians. As such, I greatly enjoy reading about when taxpayers “vote with their feet” by moving from high-tax jurisdictions to...
by Dan Mitchell | Apr 29, 2023 | Blogs, Taxation
I’ve written many times about the harmful consequences of the federal death tax. Simply stated, it is both immoral and foolish for the IRS to grab as much as 40 percent of someone’s assets simply because they die. That drains private capital from...
by Dan Mitchell | Dec 24, 2022 | Blogs, States
I wrote a few days ago about how some New York Democratic politicians have awakened to the fact that it’s not a good idea to be too greedy. After all, if taxes are excessively high, the geese with the golden eggs can simply fly away – and...
by Dan Mitchell | Dec 20, 2022 | Blogs, Tax Competition, Taxation
The economic outlook in New York (both the state and the city) has been very depressing in recent years. New York is ranked #50 in the Economic Freedom of North America.New York is ranked #48 in the State Business Tax...
by Dan Mitchell | Sep 23, 2022 | Blogs, Economics, Socialism
I’ve written many columns about the migration from high-tax states to low-tax states. The obvious takeaway is that people want to move to places where they can keep more of their money. And if they don’t have...