by Dan Mitchell | Apr 15, 2014 | Blogs, Tax Competition, Taxation
I realize this may be a thought crime by DC standards, but it sure would be nice to eliminate the high tax rates that undermine economic growth and reduce American competitiveness. At the risk of sharing too much information, I fantasize about a world without...
by Dan Mitchell | Apr 5, 2014 | Blogs, States, Taxation
Last August, I shared a fascinating map from the Tax Foundation. It showed which states have chased away taxable income and which ones have attracted more taxpayers (along with their taxable income). In other words, what are the “Golden Geese” doing with their money?...
by Dan Mitchell | Apr 4, 2014 | Big Government, Blogs, Economics, Government Spending, Taxation, VAT
I’m a supporter of a single-rate tax regime, especially if there’s no double taxation of income that is saved and invested. That’s why I like the flat tax. But I’ve expressed concern about the national sales tax, even though it’s basically the same as a flat tax (the...
by Dan Mitchell | Mar 29, 2014 | Big Government, Blogs, Government Spending, Taxation
As much as I condemn American politicians for bad policy, things could be worse. We could be Greek citizens, which would be very depressing. Indeed, you’ll understand why I put Obamaland in the title after you read today’s column. Simply stated, Greece is a cesspool...
by Dan Mitchell | Mar 26, 2014 | Blogs, Tax Competition, Taxation
Back in the 1980s and 1990s, there was a widespread consensus that high tax rates were economically misguided. Many Democrats, for instance, supported the 1986 Tax Reform Act that lowered the top tax rate from 50 percent to 28 percent (albeit offset by increased...
