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...
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...
