by Dan Mitchell | May 4, 2013 | Blogs, Financial Privacy, Tax Competition, Taxation
I often argue that we need to preserve tax competition and tax havens in order to limit the greed of the political class. Without some sort of external constraint, they will over-tax and over-spend, creating the kind of downward economic spiral already happening in...
by Dan Mitchell | May 3, 2013 | Blogs, Taxation
I share a lot of economic theory and empirical evidence in favor of lower tax rates. And I’m constantly extolling the virtues of overall economic freedom. But sometimes it helps to have a real-world example of how a specific industry responds when it is freed from...
by Dan Mitchell | Apr 26, 2013 | Blogs, Economics, Tax Competition, Tax Havens, Taxation
Since I just left Monaco and am now in Geneva, this is an appropriate time to extol the virtues of so-called tax havens. But I don’t merely say nice things about low-tax jurisdictions when I’m in friendly environments. I believe in swinging my sword in the...
by Dan Mitchell | Apr 25, 2013 | Big Government, Blogs, Economics, Government Spending, Taxation
The fiscal policy debate often drives me crazy because far too many people focus on deficits. The Keynesians argue that deficits are good for growth and this leads them to support more government spending. The “austerity” crowd at places such as the International...
by Dan Mitchell | Apr 20, 2013 | Big Government, Blogs, Government Spending, Taxation
I wrote last September that the budget plan put forward by Erskine Bowles and Alan Simpson was fatally flawed. There were some positive features in the plan, to be sure, such as lower marginal tax rates. And I suppose it’s worth noting that the burden of government...