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 8, 2018 | Blogs, Economics, Taxation
I was a big fan of the lower corporate tax rate in last year’s tax bill, largely because I want a better investment climate, which then will lead to higher productivity and rising wages. Simply stated, the current tax code (as shown in the chart) has a very harsh bias...
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 29, 2018 | Blogs, Tax Competition, Taxation
California is a lot like France. They’re both wonderful places to visit. And they’re both great places to live if you already have a lot of money. But neither jurisdiction is very friendly to people who want to get rich. And, thanks to tax competition, that’s having a...
