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What Biden’s Corporate Tax Increase Means for American Competitiveness

What Biden’s Corporate Tax Increase Means for American Competitiveness

by Dan Mitchell | Mar 17, 2021 | Blogs, Taxation

Thanks to globalization (as opposed to globalism), jobs and investment are now very mobile. This means the costs of bad policy are higher than ever before, and it also means the benefits of good policy are higher than ever before. Which is why it’s very...
Biden and the OECD Pushing “Global Minimum Tax” to Increase Business Tax Burdens

Biden and the OECD Pushing “Global Minimum Tax” to Increase Business Tax Burdens

by Dan Mitchell | Mar 16, 2021 | Blogs, Tax Competition, Taxation

For the past couple of decades, I’ve been warning (over and over and over and over again) that politicians want to curtail tax competition so that it will be easier for them to increase tax burdens....
Boris Johnson’s Fiscal Policy: Politics over Prudence

Boris Johnson’s Fiscal Policy: Politics over Prudence

by Dan Mitchell | Mar 5, 2021 | Taxation

Two years ago, I wrote about how two former Prime Ministers in the United Kingdom, David Cameron and Theresa May, did a very good job of restraining spending. On average, spending increased by only 1.8 percent per year last decade, which helped to...
The United Nations and Global Taxation

The United Nations and Global Taxation

by Dan Mitchell | Mar 1, 2021 | Blogs, Tax Competition, Taxation, Uncategorized

Last summer, I provided testimony to the United Nations’ High-Level Panel on Financial Accountability Transparency & Integrity. I touched on many issues, but my testimony  focused on some core principles of sensible taxation. Low marginal tax...
The Never-Ending Economic Tragedy of Argentina

The Never-Ending Economic Tragedy of Argentina

by Dan Mitchell | Feb 23, 2021 | Big Government, Blogs, Taxation

What nation serves as the most powerful example of how statism can wreck an economy and impoverish people? The Soviet UnionGreeceCubaChinaZimbabweVenezuela Those are all good choices, but perhaps Argentina is the best example (or should we say worst example?). If...
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