by Dan Mitchell | Jan 16, 2018 | Blogs, Economics, Taxation
To put it mildly, Italy’s economy is moribund. There’s been almost no growth for the entire 21st century. Bad government policy deserves much of the blame. According to Economic Freedom of the World, Italy is ranked only 54th, the worst score in Western Europe other...
![Restricting the Deduction for State and Local Taxes Is a Big [Expletive Deleted] Deal](https://freedomandprosperity.org/wp-content/uploads/2016/04/usa-96858_640.jpg)
by Dan Mitchell | Jan 2, 2018 | Blogs, Tax Competition, Taxation
During the Obamacare bill-signing ceremony, Vice President Biden had a “hot mic” incident when he was overheard telling Obama that “this is a big f***ing deal.” And he was telling the truth. It was a big deal (albeit a wrong deal) from a fiscal perspective and a...
by Dan Mitchell | Dec 31, 2017 | Big Government, Blogs, Government Spending, Taxation
Since it’s the last day of the year, let’s look back on 2017 and highlight the biggest victories and losses for liberty. For last year’s column, we had an impressive list of overseas victories in 2016, including the United Kingdom’s Brexit from the European Union,...
by Dan Mitchell | Dec 28, 2017 | Blogs, Tax Competition, Taxation
The right kind of tax reform can help people directly and indirectly. They benefit directly if reform reduces their tax burden and gives them more take-home income. They benefit indirectly if reform increases growth and leads to additional pre-tax income. For what...
by Dan Mitchell | Dec 21, 2017 | Blogs, Economics, Taxation
Now that we have a final bill rather than a mere “agreement in principle,” let’s step back and consider some implications of tax reform. There are three reasons to be pleased and one reason to worry. Win: Less-destructive federal tax code There are several provisions...
