by Dan Mitchell | May 11, 2025 | Blogs, Taxation
When I write about America’s awful tax code, I generally focus on anti-growth policies such as high tax rates, the bias against saving and investment, and nightmarish and costly complexity. But there’s actually a fourth problem of “worldwide taxation”...
by Dan Mitchell | May 6, 2025 | Blogs, Taxation
The 1841 Foundation has released a new version of the Tax Hell Index. And just like last year and in 2022, let’s see what nations qualified because of the combination of bad fiscal policy and low-quality governance. There is a tie for the...
by Dan Mitchell | Apr 29, 2025 | Blogs, Taxation
Basic economy theory, depicted by supply-and-demand curves, tells us that taxes will cause “deadweight loss.” This is the economic activity that no longer occurs because taxes creates a wedge between buyers and sellers. And this analysis applies whether...
by Dan Mitchell | Apr 16, 2025 | Big Government, Blogs, Economics, Taxation
Time for another edition of my series on “Fiscal Fights with Friends,” where I debunk supposed conservatives who advocate for statist policies. Today’s topic is tax increases, an issue that I’ve had to address before (examples can be found here, here,...
by Dan Mitchell | Apr 12, 2025 | Big Government, Blogs, Government Spending, States, Taxation
As illustrated by the changes in my state tax rankings between 2018 and 2023, there’s been a lot of progress. Several red states have shifted to flat taxes and lowered tax rates, putting the class-warfare blue states at an even bigger...