by Dan Mitchell | Jan 19, 2019 | Blogs, Economics, Tax Competition, Taxation
Like most taxpayer-supported international bureaucracies, the Organization for Economic Cooperation and Development (OECD) has a statist orientation. The Paris-based OECD is particularly bad on fiscal policy and it is infamous for its efforts to prop up Europe’s...
by Sven R. Larson | Jan 9, 2019 | Blogs, Tax Competition, Taxation
The indisputable truth about taxes is that wherever, whenever they go up, the economy suffers. In fact, as Dan Mitchell explains, even the talk about higher taxes is harmful to the economy. It is also indisputably true that states that raise taxes lose population....
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 | Nov 17, 2018 | Blogs, Taxation
I’m a big fan of tax competition because politicians (i.e., stationary bandits) are far more likely to control their greed (i.e., keep tax burdens reasonable) if they know taxpayers have the ability to shift economic activity to lower-tax jurisdictions. For all...
by Sven R. Larson | Nov 9, 2018 | Blogs, Tax Competition, Taxation
I recently explained that the so-called tax scandal of the century really was nothing more than the expectable consequences of bad government regulations and unbearable taxes. While media keeps their spotlight on this non-event, a real European tax scandal is...