by Dan Mitchell | Jul 26, 2022 | Big Government, Blogs
I’m obviously exaggerating when I write an “everything you need to know” column. But I use that kind of title when sharing a story that highlights some sort of fundamental truth. And one of my long-standing observations is that China’s economy is not...
by Dan Mitchell | Jul 10, 2022 | Blogs, Tax Competition, Taxation
I’ve written many times about the importance of low tax rates, specifically low marginal tax rates on productive activity such as work, saving, investment, and entrepreneurship. And I’ve explained that it is especially beneficial to have...
by Dan Mitchell | Jun 24, 2022 | Big Government, Blogs, Taxation
Yesterday’s column discussed Caterpillar’s decision to move its headquarters from high-tax Illinois to low-tax Texas. Today, we have more bad news for the Prairie State. A major investment fund, Citadel, also has decided to leave Illinois. Is the company moving to a...
by Dan Mitchell | May 11, 2022 | Blogs, States
Federalism is very desirable because it allows different parts of the country to make different decisions, and this helps to teach us about what works. And what doesn’t. It also means Americans can “vote with their feet” by migrating across local...
by Dan Mitchell | Mar 31, 2022 | Blogs, Taxation
How do we know people don’t like taxes? They tend to reject candidates who support higher taxes, as George H.W. Bush and other politicians have learned.Then tend to vote against higher taxes when given an opportunity (though...
