by Dan Mitchell | Dec 7, 2013 | Big Government, Blogs, Government Spending, Taxation
There’s a saying in the sports world about how last-minute comebacks are examples of “snatching victory from the jaws of defeat.” I don’t like that phrase because it reminds me of the painful way my beloved Georgia Bulldogs were defeated a couple of weeks ago by...
by Dan Mitchell | Nov 7, 2013 | Big Government, Blogs, States, Tax Competition, Taxation
We know that countries suffer when taxes get too high, in part because investors, entrepreneurs, and other successful taxpayers escape to jurisdiction with less oppressive fiscal regimes. France is a glaring example. On steroids. We know that states also suffer when...
by Dan Mitchell | Nov 5, 2013 | Blogs, Taxation
There’s an off-year election today in the United States. There are no contests for the White House or Congress, but that doesn’t mean there aren’t any important choices being made. I say that notwithstanding the fact that the big races between politicians at the state...
by Dan Mitchell | Oct 29, 2013 | Big Government, Blogs, Economics, Government Spending, Taxation
The Washington metropolitan area has become America’s wealthiest region because trillions of dollars are taken every year from the productive sector of the economy and then divvied up by the politicians, bureaucrats, lobbyists and interest groups that benefit from...
by Dan Mitchell | Oct 16, 2013 | Blogs, Economics, Taxation
If there was a special award for chutzpah, the easy winner would be the bureaucrats at the International Monetary Fund. These pampered bureaucrats get lavishly compensated and don’t have to pay tax on their bloated salaries. You would think this would make them a bit...