by Dan Mitchell | Jun 4, 2018 | Blogs, Tax Competition, Taxation
Better economic performance is the most important reason to adopt pro-growth reforms such as the Tax Cuts and Jobs Act of 2017. Even small increases in economic growth – especially if sustained over time – can translate into meaningful improvements in living...
by Dan Mitchell | May 18, 2018 | Blogs, Tax Competition, Taxation
I almost feel guilty when I criticize the garbled economic thoughts of Pope Francis. After all, he was influenced by Peronist ideology as a youngster, so he wasprobably a lost cause from the beginning. Moreover, Walter Williams and Thomas Sowell have already dissected...
by Dan Mitchell | May 13, 2018 | Blogs, Tax Competition, Taxation
Even though I wrote about proposed tax increases in Illinois just 10 days ago, it’s time to revisit the issue because the Tax Foundation just published a very informative article about the state’s self-destructive fiscal policy. It starts by noting that the aggregate...
by Andrew F. Quinlan | May 8, 2018 | Opinion and Commentary
Originally published by The Washington Times on May 1, 2018. Earlier this year, President Trump told the gathering of business and political elites at the World Economic Forum in Davos, Switzerland, that “America is open for business.” It’s true that last year’s...
by Dan Mitchell | May 3, 2018 | Blogs, Taxation
When I did a poll earlier this year, asking which state would be the first to suffer a fiscal crisis, I wasn’t terribly surprised that Illinois wound up in first place. But I was surprised by the margin. Even though there’s a good case to be made for basket-case...