by Dan Mitchell | Apr 18, 2022 | Blogs, Taxation
April 15 is usually the worst day of the year, giving Americans ample reasons to both laugh and cry.* Because of a holiday in Washington, D.C., however, tax returns this year are due on April 18. So let’s celebrate (or commiserate) this awful...
by Dan Mitchell | Apr 12, 2022 | Blogs, Economics, Taxation
Thomas Piketty is a big proponent of class-warfare tax policy because he views inequality as a horrible outcome. But a soak-the-rich policy agenda, echoed by many other academics such as Emmanuel Saez and Gabriel Zucman,...
by Dan Mitchell | Apr 9, 2022 | Blogs, Tax Competition, Taxation
As a fan of sensible tax policy and tax competition, I could not resist the opportunity to visit Andorra on my current trip to Europe (as part of the Free Market Road Show). Here’s a chart that will tells you everything you need to know....
by Dan Mitchell | Apr 7, 2022 | Blogs, Tax Competition, Taxation
I wrote a few days ago about Biden’s plan to impose punitive double taxation on dividends. But that’s not an outlier in his budget. As you can see from this table from the Tax Foundation, he wants to violate the principles of...
by Dan Mitchell | Apr 5, 2022 | Blogs, Taxation
Modern tax systems tend to have three major deviations from good fiscal policy. High marginal tax rates on productive behavior like work and entrepreneurship.Multiple layers of taxation on income that is saved and invested.Distortionary...
