by Dan Mitchell | Jul 22, 2013 | Blogs, Economics
Remember when you got your first paycheck, presumably when you were a teenager? If you’re like most people, you worked a bunch of hours and calculated how much money you expected to receive, only to then be disappointed when the check you received was for a much...
by Dan Mitchell | Jul 21, 2013 | Big Government, Blogs, Economics, Government Spending, Laffer Curve, Taxation
The budget deficit this year is projected to be significantly smaller than it has been in recent years and some of our statist friends claim that this shows the desirability and effectiveness of higher taxes. I’m not persuaded, mostly because our big long-run fiscal...
by Dan Mitchell | Jul 13, 2013 | Blogs, Economics, Financial Privacy, Tax Competition, Tax Havens, Taxation
I never thought I would wind up in Costco’s monthly magazine, but I was asked to take part in a pro-con debate on “Should offshore tax havens be illegal?” Given my fervent (and sometimes risky) support of tax competition, financial privacy, and fiscal sovereignty,...
by Dan Mitchell | Jul 12, 2013 | Big Government, Blogs, Tax Competition, Taxation
I’m thinking of inventing a game, sort of a fiscal version of Pin the Tail on the Donkey. Only the way it will work is that there will be a map of the world and the winner will be the blindfolded person who puts their pin closest to a nation such as Australia or...
by Dan Mitchell | Jul 11, 2013 | Blogs, Economics, Tax Competition, Taxation
I’ve relentlessly complained that the United States has the highest corporate tax rate among all developed nations. And if you look at all the world’s countries, our status is still very dismal. According to the the Economist, we have the second highest corporate tax...
