by Dan Mitchell | Jan 8, 2023 | Blogs, Tax Competition, Taxation
I’m a big fan of tax competition. Why? Because politicians are far more likely to keep tax rates low when they are afraid that jobs and investment can move to countries (or states) with better tax system. It also explains why tax rates...
by Dan Mitchell | Dec 31, 2022 | Blogs, Education, States, Taxation
Continuing a tradition that began back in 2013, let’s look at the best and worst developments of the past year. Since I try to be optimistic (notwithstanding forces and evidence to the contrary), let’s start with the good news. I’ll start by...
by Dan Mitchell | Dec 23, 2022 | Blogs, Taxation
I applauded when Joe Biden used clever tax strategies to reduce his (apparently unpatriotic) tax bill to the IRS. I also applauded when Bill and Hillary Clinton engaged in clever tax avoidance, as well as John Kerry and Gov....
by Dan Mitchell | Dec 22, 2022 | Big Government, Blogs, Taxation, Welfare and Entitlements
I worry about big tax increases because of America’s grim long-run fiscal outlook. The video clip is less than two minutes (taken from this longer discussion with Fergus Hodgson), but I can summarize my key point in just one very important sentence Anybody...
by Dan Mitchell | Dec 20, 2022 | Blogs, Tax Competition, Taxation
The economic outlook in New York (both the state and the city) has been very depressing in recent years. New York is ranked #50 in the Economic Freedom of North America.New York is ranked #48 in the State Business Tax...