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...
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...
