by Dan Mitchell | Sep 6, 2019 | Blogs, Economics, Tax Competition, Tax Havens, Taxation
When I wrote about the wealth tax early this year, I made three simple points. A war on wealth is a war on capital (increased double taxation is needed since rich people have a lot of saving and investment). A war on capital is a war on productivity (every economic...
by Dan Mitchell | Apr 9, 2019 | Blogs, Tax Competition, Tax Havens, Taxation
Why do I relentlessly defend tax competition and tax havens? Sadly, it’s not because I have money to protect. Instead, I’m motivated by a desire to protect the world from “goldfish government.” Simply stated, politicians have a “public choice” incentive for...
by Dan Mitchell | Feb 5, 2019 | Blogs, Economics, Taxation
Mark Perry of the American Enterprise Institute is most famous for his Venn diagrams that expose hypocrisy and inconsistency. Taxation and incentives The War on Drugs Minimum wage Food and Drug Administration Consenting adults But he also is famous for his charts. And...
by Dan Mitchell | Jan 6, 2019 | Blogs, Taxation
She’s not quite as bad as Matt Yglesias, who wants a top tax rate of 90 percent (a rate that Crazy Bernie also likes), but Congresswoman Alexandria Ocasio-Cortez is not bashful about wanting to use the coercive power of government to take much larger shares of what...
by Dan Mitchell | Jun 22, 2018 | Blogs, Taxation
My long-running feud with the Paris-based Organization for Economic Cooperation and Development could be categorized as a fight over tax compliance. The bureaucrats at the OECD say that financial privacy must be eviscerated and the fiscal sovereignty must be wiped...