by Dan Mitchell | Dec 22, 2012 | Blogs, Taxation
I used to think this image was a damning indictment of the internal revenue code. Or here’s another chart showing how the tax system has become more convoluted over time. But this new image may be the most effective of all of them. We don’t know what’s in the other...
by Dan Mitchell | Dec 21, 2012 | Big Government, Blogs, Europe, Government Spending, Taxation
There aren’t many fiscal policy role models in Europe. Switzerland surely is at the top of the list. The burden of government spending is modest by European standards, in part because of a very good spending cap that prevents politicians from overspending when...
by Dan Mitchell | Dec 20, 2012 | Blogs, Economics, Europe, Tax Competition, Taxation
Another Frenchman has “gone Galt.” First, it was France’s richest entrepreneur. Now, it’s the nation’s most famous actor. Gerard Depardieu has officially announced – in a letter to France’s thuggish Prime Minister – that he is tired of paying 85 percent of his income...
by Dan Mitchell | Dec 18, 2012 | Blogs, Economics, Government Spending, Taxation
One of the key ways of controlling state and local tax burdens, according to this map from the Tax Foundation, is to not have an income tax. But that’s not too surprising. States have just a couple of ways of generating significant tax revenue, so it stands to reason...
by Dan Mitchell | Dec 12, 2012 | Big Government, Blogs, Government Spending, Tax Competition, Taxation
Hopefully we’re all disgusted when insiders rig the system to rip off taxpayers. And I suspect you’re not surprised to know that the worst examples come from California, which is in a race with Illinois to see which state can become the Greece of America. Well, the...
