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...
by Dan Mitchell | Oct 20, 2018 | Blogs, Tax Competition, Taxation
If you live in Illinois or California and you’re sick and tired of high taxes and crummy government, should you have the freedom to move to a state with no income tax, such as Florida or Texas? The answer is yes (though Walter Williams joked that leftist politicians...
