by Dan Mitchell | Jun 24, 2020 | Blogs, Economics, Taxation
Yesterday’s column focused on the theoretical argument for tax havens. At the risk of oversimplifying, I explained that the pressure of tax competition was necessary to prevent “stationary bandits” from saddling nations with “goldfish government.” And I specifically...
by Dan Mitchell | Jun 23, 2020 | Blogs, Economics, Taxation
As part of my presentation earlier this month to IES Europe, I discussed topics such as comparative economics and federalism. I also had a chance to explain why tax havens are good for global prosperity. Many of the points I made will be familiar to regular readers....
by Dan Mitchell | May 29, 2020 | Blogs, Tax Competition, Taxation
After Barack Obama took office (and especially after he was reelected), there was a big uptick in the number of rich people who chose to emigrate from the United States. There are many reasons wealthy people choose to move from one nation to another, but Obama’s...
by Dan Mitchell | Jan 24, 2020 | Blogs, Europe, Tax Competition, Tax Harmonization, Taxation
There are many boring topics in tax policy, such as the debate between expensing and depreciation for business investment. International tax rules also put most people to sleep, but they’re nonetheless important. Indeed, the United States government is currently...
by Dan Mitchell | Jan 14, 2020 | Blogs, Economics, States, Tax Competition, Taxation
I wrote last week about the ongoing shift of successful people from high-tax states to low-tax states. And I’ve periodically confirmed this trend by doing comparisons of high-profile states, such as Texas vs. California and Florida vs. New York. Today, I’m going to...