by Dan Mitchell | Jul 9, 2021 | Blogs, Tax Competition, Tax Harmonization, Taxation
When President Biden proposed a “global minimum tax” for businesses, I immediately warned that would lead to ever-increasing tax rates. Ross Kaminsky of KHOW and I discussed how this is already happening. I hate being right, but it’s always safe to...
by Dan Mitchell | Jun 29, 2021 | Blogs, Tax Competition, Taxation
The best referendum result of 2020 (indeed, the best policy development of the year) was when the people of Illinois voted to preserve their flat tax, thus delivering a crushing defeat to the Prairie State’s hypocritical governor, J.B....
by Dan Mitchell | Jun 25, 2021 | Tax Competition, Tax Harmonization, Taxation
Yesterday’s column explained why Biden’s proposed global cartel for corporate taxation was a bad idea. In this clip from a recent panel hosted by the Austrian Economics Center in Vienna, I speculated on whether the plan would become reality. I encourage you to watch...
by Dan Mitchell | Jun 24, 2021 | Blogs, Tax Competition, Taxation
When governments have to compete with each other, we get lower tax rates. That’s good for taxpayers and good for growth. But politicians hate limits on their taxing power, which is why Biden has proposed a global tax cartel. Here are some of my remarks made yesterday...
by Dan Mitchell | Jun 14, 2021 | Blogs, States, Tax Competition, Taxation
The bad news is that federalism has declined in the United States as politicians in Washington have expanded the size and scope of the national government. The good news is that some federalism still exists and this means Americans have some...