by Dan Mitchell | Sep 28, 2018 | Blogs, States, Taxation
Yesterday, I wrote about the newest edition of Economic Freedom of the World, which is my favorite annual publication. Not far behind is the Tax Foundation’s State Business Tax Climate Index, which is sort of the domestic version of their equally fascinating (to a...
by Dan Mitchell | Sep 21, 2018 | Blogs, Taxation
Last month, I revealed that even Paul Krugman agreed with the core principle of the Laffer Curve. Today, we have another unlikely ally. Regular readers know that I’m not a big fan of the Organization for Economic Cooperation and Development. The Paris-based...
by Dan Mitchell | Sep 18, 2018 | Blogs, Taxation
Assuming elected officials care about the consequences of their actions, the obvious answer to a question isn’t always the right answer. Q: Why should a (sensible) politician oppose the minimum wage, especially since some workers will get a pay hike? A: Because the...
by Dan Mitchell | Sep 12, 2018 | Blogs, Economics, Taxation
If the goal is higher living standards, then higher levels of productivity are necessary. And that requires entrepreneurship and innovation. But bad tax policy can be an obstacle to the economic choices that create a better future. I’ve already shared lots of...
by Dan Mitchell | Sep 8, 2018 | Blogs, Taxation, VAT
The value-added tax was first imposed in Europe starting about 50 years ago. Politicians in nations like France approve of this tax because it is generally hidden, so it is relatively easy to periodically raise the rate. And that’s the reason I am vociferously opposed...
