by Dan Mitchell | Aug 5, 2023 | Opinion and Commentary
Originally published by Bloomberg Law on July 31, 2023. There’s been a profound shift in state tax policy over the past couple of years. According to the Tax Foundation, 27 states have reduced personal and/or corporate income tax rates since the start of 2021. A few...
by Dan Mitchell | Jul 31, 2023 | Blogs, States, Tax Competition, Taxation
In Part I and Part II of this series, we looked at how taxpayers are moving from high-tax states to low-tax states. For Part III, let’s start with a map from the Tax Foundation, which shows which states are winning and losing as...
by Brian Garst | Jun 21, 2023 | Opinion and Commentary
Originally published by IFC Review on June 7, 2023. Efforts to radically reorganise global corporate taxation passed a major milestone when the European Union unanimously agreed to implement Pillar 2, the 15 per cent global minimum tax component of the Organisation...
by Dan Mitchell | Jun 15, 2023 | Blogs, Economics, States, Supply Side, Taxation
Last year, I shared the “Feel-Good Map of 2022” that showed 18 states had lowered personal and/or corporate income tax since the start of 2021. And that was after showing a map of 11 state lowering tax rates the previous year. Courtesy of the Tax Foundation,...
by Brian Garst | May 30, 2023 | Blogs, Tax Competition, Tax Harmonization, Taxation, Uncategorized
We’ve written a lot about efforts by the OECD to form an international tax cartel and raise global taxes. A key component of those ongoing efforts is the Base Erosion and Profit Shifting (BEPS) project that seeks to radically rewrite the rules for income taxes...
