by Dan Mitchell | Jan 2, 2019 | Blogs, Tax Competition, Taxation
I’ve written many times about people and businesses escaping high-tax states and moving to low-tax states. This tax-driven migration rewards states with good policy and punishes those with bad policy. And now we have some new data. The Wall Street...
by Dan Mitchell | Oct 31, 2018 | Big Government, Blogs, Taxation
Like any sensible person, I want victimless crimes to be legalized. In part because I believe in freedom, but also for utilitarian reasons. I don’t approve of drugs and I’ve never used drugs, but I think the social harm of prohibition is greater than the social harm...
by Dan Mitchell | Oct 10, 2018 | Blogs, States
I recently wrote about the Tax Foundation’s State Business Tax Climate Index, which is a snapshot of current competitiveness (New Jersey is in last place, which shouldn’t surprise anyone). But what if we want to know which states are moving in the right direction or...
by Dan Mitchell | Oct 6, 2018 | Blogs, Tax Competition, Taxation
Back in April, I chatted with Stuart Varney about how some states were in deep trouble because they were being squeezed by having to finance huge unfunded liabilities for bureaucrats, yet they were constrained by the fact that taxpayers have the freedom to move when...
by Dan Mitchell | Sep 29, 2018 | Blogs, States, Taxation
Politicians who preach class warfare repeatedly assert that we need higher taxes on “the rich.” Indeed, that’s been the biggest political issue (and oftentimes biggest economic issue) in every recent tax fight (the Trump tax reform and Obama’s fiscal cliff), as well...
