by Dan Mitchell | Jul 1, 2010 | Big Government, Blogs, Europe, Tax Competition, Tax Harmonization, Taxation
Many people assume that Europe is the land of high-tax welfare states and America is an outpost of laissez-faire capitalism. We should be so lucky. The burden of government in America is still lower than it is in the average European nation, but the United States is a...
by Dan Mitchell | Jun 24, 2010 | Bailouts, Big Government, Blogs, Tax Competition, Welfare and Entitlements
It’s been amusing, in an I-told-you-so fashion, to follow the fiscal crises in Greece, Spain, and other European welfare states. And I feel like a voyeuristic ghoul as I observe the incredibly misguided bailout policies being adopted by the political elites (who are...
by Dan Mitchell | Jun 21, 2010 | Blogs, Capital Gains, Economic Growth, Europe, Tax Competition, Taxation
The former communists running Russia apparently understand tax policy better than the buffoons in charge of U.S. tax policy. Not only does Russia have a 13 percent flat tax, but the government has just announced it will eliminate the capital gains tax (which...
by Dan Mitchell | Jun 20, 2010 | Blogs, Economic Growth, Tax Competition
Regular readers know that I am a big supporter of international tax competition as a mechanism to limit the greed of the political elite. Unfortunately, the statists are having some success in their efforts to undermine the fiscal sovereignty of low-tax jurisdictions....
by Brian Garst | Jun 20, 2010 | Blogs, Tax Competition, Taxation
New Jersey’s $10.7 billion budget deficit is the second highest among all U.S. states. With New Jersey already facing one of the worst economic outlooks in the country according to ALEC’s “Rich States, Poor States,” newly elected Governor...
