by Dan Mitchell | Nov 18, 2021 | Blogs, Taxation
Immediately after election day in early November, I applauded voters in the (very blue) state of Washington. They wisely expressed their opposition to a plan by state politicians to impose a capital gains tax. And it wasn’t even close. Voters said...
by Dan Mitchell | Jun 29, 2021 | Blogs, Tax Competition, Taxation
The best referendum result of 2020 (indeed, the best policy development of the year) was when the people of Illinois voted to preserve their flat tax, thus delivering a crushing defeat to the Prairie State’s hypocritical governor, J.B....
by Dan Mitchell | May 22, 2020 | Blogs, Taxation
In the world of tax policy, big-picture issues such as tax reform can capture the public’s attention (should we junk the IRS, instance, and adopt a flat tax?). People also get very interested if politicians are threatening to grab more of their money. But many tax...
by Dan Mitchell | Jan 30, 2020 | Blogs, States, Taxation
I’ve written dozens of columns explaining why it would be a terrible idea for the United States to enact a value-added tax. But that’s not because I think consumption taxes are worse than income taxes. Indeed, sales taxes and VATs are less destructive because tax...
by Dan Mitchell | Dec 23, 2019 | Blogs, Economics, Taxation
The Trump tax plan, which was signed into law right before Christmas in 2017, had two very good features. Restricting the deduction for state and local taxes. A reduction of the corporate tax rate to 21 percent. The former was important because the federal tax code...