by Dan Mitchell | Oct 4, 2023 | Big Government, Blogs
I am not bullish about China’s economy. Even 10 or more years ago, when many people thought China was going to be the economic superpower of the 21st century, I poured cold water on those predictions. Simply stated, China suffers from too...
by Dan Mitchell | Aug 24, 2023 | Blogs, States, Tax Competition, Taxation
Two of the worst states for tax policy are California and New York. They have punitive income tax rates, high sales taxes, and myriad other ways of diverting money from the productive sector of the economy to finance bloated...
by Dan Mitchell | Jul 31, 2023 | Blogs, States, Tax Competition, Taxation
In Part I and Part II of this series, we looked at how taxpayers are moving from high-tax states to low-tax states. For Part III, let’s start with a map from the Tax Foundation, which shows which states are winning and losing as...
by Dan Mitchell | Jun 23, 2023 | Blogs, States, Taxation
In Part I of this series, I shared some excerpts from a Wall Street Journal editorial that documented how taxpayers fleeing high-tax states such as California, New York, Illinois, and New Jersey. Where are they going? In many cases, they are moving...
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...