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Which State Will Be the First to Suffer Fiscal Collapse?

Which State Will Be the First to Suffer Fiscal Collapse?

by Dan Mitchell | Apr 6, 2018 | Big Government, Blogs, States, Tax Competition, Taxation

I’m a big fan of federalism because states have the flexibility to choose good policy or bad policy. And that’s good news for me since I get to write about the consequences. One of the main lessons we learn (see here, here, here, here, and here) is that high-earning...
No Internet Sales Tax…For Now

No Internet Sales Tax…For Now

by Brian Garst | Mar 26, 2018 | Blogs, States, Tax Competition, Taxation

The $1.3 trillion omnibus spending bill is full of waste, but one thing it thankfully does not include is the Internet Sales Tax. This is a welcome development, as Rep. Kristi Noem pushed hard to have her Remote Transactions Parity Act (RTPA) included as a rider in...

The Fight over “Internet Taxation” Is Really a Proxy for an Important Battle on Whether Government Power Should Be Constrained by Borders

by Dan Mitchell | Mar 23, 2018 | Blogs, States, Taxation

One of the key principles of a free society is that governmental power should be limited by national borders. Here’s an easy-to-understand example. Gambling is basically illegal (other than government-run lottery scams, of course) in my home state of Virginia. So they...
Which State Will Be the First to Suffer Fiscal Collapse?

California Has Many Natural Advantages, but How Long Can It Survive Big Government?

by Dan Mitchell | Feb 26, 2018 | Blogs, States, Tax Competition, Taxation

In 2016, here’s some of what I wrote about the economic outlook in Illinois. There’s a somewhat famous quote from Adam Smith (“there is a great deal of ruin in a nation“) about the ability of a country to survive and withstand lots of bad public policy. I’ve tried to...
Feckless Tories Should Realize They Hold a Very Strong Hand in Brexit Negotiations

Feckless Tories Should Realize They Hold a Very Strong Hand in Brexit Negotiations

by Dan Mitchell | Feb 1, 2018 | Blogs, Tax Competition, Taxation

If I was a citizen of the United Kingdom, I would have voted to leave the European Union for the simple reason that even a rickety lifeboat is better than a slowly sinking ship. More specifically, demographic changes and statist policies are a crippling...
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