by Dan Mitchell | Aug 24, 2023 | Blogs, States, Tax Competition, Taxation
Two of the worst states for tax policy are California and New York. They have punitive income tax rates, high sales taxes, and myriad other ways of diverting money from the productive sector of the economy to finance bloated...
by Dan Mitchell | Aug 23, 2023 | Blogs, Taxation, Trade
When President Biden proposed a 10-year tax hike of about $3 trillion in 2021, I was very critical. But my hostility was not because Biden is a Democrat. I’ve also condemned Republicans who support higher taxes...
by Dan Mitchell | Aug 13, 2023 | Big Government, Blogs, Regulations, Taxation
Americans can see how their states rank for overall economic liberty. Economic Freedom of North America.Freedom in the 50 States.Report on Economic Freedom. They can also see how states rank for fiscal policy. State Business Tax Climate Index.Fiscal Policy Report Card...
by Dan Mitchell | Aug 9, 2023 | Blogs, Tax Competition, Taxation
Yesterday’s column pointed out why supporters of a global corporate tax cartel are misguided. Today, I’m going to admit that I made a mistake. Not yesterday, but two years earlier. Back in 2021, I put together a list of winners and losers from the proposed...
by Dan Mitchell | Aug 8, 2023 | Blogs, Tax Competition, Taxation
Early in the Biden years, I wrote a three-part series (here, here, and here) to explain why a global minimum tax on companies is a bad idea. As I told the BBC back in 2021, this proposed tax cartel is a scheme to increase the tax burden...