by Dan Mitchell | Jun 24, 2020 | Blogs, Economics, Taxation
Yesterday’s column focused on the theoretical argument for tax havens. At the risk of oversimplifying, I explained that the pressure of tax competition was necessary to prevent “stationary bandits” from saddling nations with “goldfish government.” And I specifically...
by Dan Mitchell | Jun 23, 2020 | Blogs, Economics, Taxation
As part of my presentation earlier this month to IES Europe, I discussed topics such as comparative economics and federalism. I also had a chance to explain why tax havens are good for global prosperity. Many of the points I made will be familiar to regular readers....
by Dan Mitchell | Sep 6, 2019 | Blogs, Economics, Tax Competition, Tax Havens, Taxation
When I wrote about the wealth tax early this year, I made three simple points. A war on wealth is a war on capital (increased double taxation is needed since rich people have a lot of saving and investment). A war on capital is a war on productivity (every economic...
by Dan Mitchell | Apr 9, 2019 | Blogs, Tax Competition, Tax Havens, Taxation
Why do I relentlessly defend tax competition and tax havens? Sadly, it’s not because I have money to protect. Instead, I’m motivated by a desire to protect the world from “goldfish government.” Simply stated, politicians have a “public choice” incentive for...
by Dan Mitchell | Feb 26, 2019 | Blogs, Taxation
I’m currently in the Cayman Islands, which is one of my favorite places since – like Bermuda, Monaco, Vanuatu, Antigua and Barbuda, and a few other lucky places in the world – it has no income tax. At the risk of stating the obvious, the absence of an income tax has...
