by Dan Mitchell | May 13, 2018 | Blogs, Tax Competition, Taxation
Even though I wrote about proposed tax increases in Illinois just 10 days ago, it’s time to revisit the issue because the Tax Foundation just published a very informative article about the state’s self-destructive fiscal policy. It starts by noting that the aggregate...
by Dan Mitchell | May 10, 2018 | Big Government, Blogs, Economics, Taxation
A couple of months ago, I thought I did something meaningful by sharing six separate examples of the International Monetary Fund pressuring sub-Saharan African nations to impose higher tax burdens. This was evidence, I suggested, that the IMF had a disturbing agenda...
by Dan Mitchell | May 4, 2018 | Big Government, Blogs, Taxation
I wrote last July about how greedy politicians in Seattle, Washington, were trying to impose a local income tax. That effort has been stymied since there’s anti-income-tax language in the state constitution (Washington is one of nine states without that punitive...
by Dan Mitchell | May 3, 2018 | Blogs, Taxation
When I did a poll earlier this year, asking which state would be the first to suffer a fiscal crisis, I wasn’t terribly surprised that Illinois wound up in first place. But I was surprised by the margin. Even though there’s a good case to be made for basket-case...
by Dan Mitchell | Apr 15, 2018 | Blogs, Taxation
I’ve been in Prague the past few days for a meeting of the European Resource Bank. I spoke today about a relatively unknown international bureaucracy called the European Bank for Reconstruction and Development and I warned that it is going through a process of...