by Dan Mitchell | Sep 12, 2024 | Blogs, States, Tax Competition, Taxation
I’m a big fan of tax competition. I cheer when jobs, investment, and people (or even booze) move from high-tax jurisdictions to low-tax jurisdictions. This increases the rewards for good policy and also increases the punishment for bad policy. Given my...
by Dan Mitchell | Sep 5, 2024 | Blogs, Taxation
As part of her equality-of-outcomes agenda, Kamala Harris wants to impose lots of soak-the-rich tax increases on investors, entrepreneurs, business owners, and other upper-income taxpayers. Here’s a partial list (for the full list of class-warfare...
by Dan Mitchell | Sep 2, 2024 | Blogs, States, Tax Competition, Taxation
Massachusetts used to have a flat tax, but I warned back in 2019 that it was in danger. Sadly, my fears were warranted. In 2022, the state’s misguided voters approved a referendum to replace the flat tax with a system based on class warfare (a...
by Dan Mitchell | Aug 24, 2024 | Big Government, Blogs, Government Spending, Taxation
I’ve written many times about America having a problem of a government that is too big and growing too fast. And I’ve warned that this will lead to some combination of the following dire consequences. Big tax increases. Big debt...
by Dan Mitchell | Aug 22, 2024 | Blogs, Taxation
I used to think the world’s biggest hypocrites were the bureaucrats at international bureaucracies such as the Organization for Economic Cooperation and Development and the International Monetary Fund. They jet around the world at our expense (in...
