by Dan Mitchell | Sep 7, 2015 | Blogs, Economics, States, Tax Competition, Taxation
Here’s a quiz for readers. When politicians increase taxes, the result is: a) More spending? b) More red ink? c) Fewer jobs? d) Out-migration of productive taxpayers? e) Reduced competitiveness? f) Less investment? g) A bigger underground economy? h) More corruption?...
by Dan Mitchell | Sep 5, 2015 | Blogs, Immigration, Society, Taxation
In most cases, I can understand why immigration is a controversial issue. Take amnesty, for instance. Opponents make reasonable points about the downside of rewarding folks who cut in line while supporters make reasonable points about deportation being harsh and...
by Dan Mitchell | Sep 2, 2015 | Big Government, Blogs, Economics, Taxation
There’s a famous quote attributed to George Washington. Government is not reason, it is not eloquence — it is force. Like fire it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action. But it’s apparently an urban...
by Dan Mitchell | Aug 18, 2015 | Blogs, Tax Competition, Taxation
The United States has what is arguably the worst business tax system of any nation. That’s bad for the shareholders who own companies, and it’s also bad for workers and consumers. And it creates such a competitive disadvantagethat many U.S.-domiciled companies are...
by Dan Mitchell | Aug 16, 2015 | Blogs, Economics, Taxation
Defenders of Social Security often make a point of stating that the retirement system is a form of “social insurance” because people become eligible for benefits by paying into the system. Welfare programs, by contrast, give money to people simply as a form of income...