by Dan Mitchell | Apr 4, 2023 | Big Government, Blogs, Europe
Why did many European nations, most notably Greece, suffer fiscal crises about a dozen years ago? Because the burden of government spending, which already was excessive, increased even further. And with taxes already very onerous in...
by Dan Mitchell | Oct 3, 2022 | Uncategorized
A wealth tax is an extraordinarily destructive way for governments to generate revenue. It violates the principles of sensible tax policy and it does a lot of damage since people have less incentive to save and invest. It’s...
by Dan Mitchell | Apr 10, 2022 | Blogs, Tax Competition, Taxation
I’m a big fan of federalism. It gives people more freedom to choose the type of economic policy they prefer.A system of federalism promotes jurisdictional competition and policy innovation.Decentralization generates more evidence in...
by Dan Mitchell | Apr 9, 2022 | Blogs, Tax Competition, Taxation
As a fan of sensible tax policy and tax competition, I could not resist the opportunity to visit Andorra on my current trip to Europe (as part of the Free Market Road Show). Here’s a chart that will tells you everything you need to know....
by Dan Mitchell | Feb 28, 2022 | Big Government, Blogs
Spain is more economically backwards than most nations in Western Europe. As a public finance economist, my gut instinct is to blame bad fiscal policy. And there’s certainly plenty of evidence for that view. After all, taxes drive a...
