by Dan Mitchell | Jan 6, 2025 | Blogs, States, Tax Competition, Taxation
I’ve written countless times about how taxpayers “vote with their feet” against high taxes and big government. Most recently, I wrote about rich people escaping Norway because that country’s left-wing government dramatically boosted its...
by Dan Mitchell | Dec 17, 2024 | Blogs, Economics, Supply Side, Taxation
Some people say the Laffer Curve is the economic version of Goldilocks. But instead of being a story about whether the porridge is too hot, too cold, or just right, it’s a story about whether tax rates are too high, too low, or just right. But I’ve never...
by Dan Mitchell | Dec 13, 2024 | Big Government, Blogs, Government Spending, Taxation
Big government and socialism are bad for prosperity, but are such policies nonetheless popular? Do people want a bigger welfare state? This great video from the Fraser Institute provides the answers (if you’re pressed for time, start watching at 4:15). And if you...
by Dan Mitchell | Dec 6, 2024 | Blogs, States, Taxation
While there are plenty of reasons to be depressed about public policy (particularly the growing burden of government spending), there are a few reasons to feel optimistic. Argentina’s libertarian revolution. School choice revolution in the states. Tax cutting...
by Dan Mitchell | Nov 22, 2024 | Blogs, Taxation
There is going to be a major battle over tax policy in 2025, triggered in part by an end-of-year deadline to extend (or not extend) major portions of the 2017 Trump tax reforms. But lawmakers presumably will also be dealing with some of Trump’s new proposals,...