by Dan Mitchell | Nov 22, 2021 | Blogs, States, Tax Competition, Taxation
Motivated in part by an excellent graphic that I shared in 2016, I put together a five-column ranking of state personal income tax systems in 2018. Given some changes that have since occurred, it’s time for a new version. The first two columns are self...
by Dan Mitchell | Nov 18, 2021 | Blogs, Taxation
Immediately after election day in early November, I applauded voters in the (very blue) state of Washington. They wisely expressed their opposition to a plan by state politicians to impose a capital gains tax. And it wasn’t even close. Voters said...
by Dan Mitchell | Nov 5, 2021 | Blogs, States, Taxation
There’s a political party in the United States – the Democrats – that represents rich people and it is trying very hard to cut taxes for those rich people. Since I don’t resent rich people (indeed, I applaud them if they earn their money...
by Dan Mitchell | Nov 4, 2021 | Blogs, Capital Gains, States, Taxation
To finance a bigger welfare state and create more dependency, President Biden and his congressional allies have been contemplating all sorts of tax increases. Higher corporate tax ratesHigher capital gains tax ratesHigher personal income tax ratesMore...
by Dan Mitchell | Aug 29, 2021 | Blogs, States, Taxation
I wrote last month about an encouraging wave of tax cuts at the state level. I’m particularly impressed by the tax-cutting plan in Arizona, which cleverly reversed a class-warfare scheme designed to enrich teacher unions. Indeed, I’m a big fan of...
