by Dan Mitchell | Apr 27, 2021 | Taxation
When I ask my left-leaning friends what they think about the flight of investors, entrepreneurs, and business owners from high-tax states, I tend to get three responses. It isn’t actually happening (these are my friends who apparently don’t know how to read).It’s...
by Dan Mitchell | Apr 23, 2021 | Blogs, Capital Gains, Taxation
Because of the negative impact on competitiveness, productivity, and worker compensation, it’s a very bad idea to impose double taxation of saving and investment. Which is why there should be no tax on capital gains, and a few nations...
by Dan Mitchell | Apr 21, 2021 | Blogs, Taxation
Whenever I’m asked about the “tax gap,” I point to the academic evidence, from multiple sources, and explain that lower tax rates and tax reform are the best way to get higher levels of tax compliance. Indeed, even the pro-tax International...
by Dan Mitchell | Apr 15, 2021 | Blogs, Taxation
Just like last year, April 15 isn’t the official deadline this year for filing your annual tax return. But we’re still going to “celebrate” with some memes about the income tax and the IRS. We’ll start with something that has always bothered me, which...
by Dan Mitchell | Apr 7, 2021 | Blogs, Tax Competition, Tax Harmonization, Taxation
Way back in 2007, I narrated this video to explain why tax competition is very desirable because politicians are likely to overtax and overspend (“Goldfish Government“) if they think taxpayers have no ability to escape. The good news is that tax competition has been...
