by Dan Mitchell | Jul 24, 2020 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
I participated in a debate yesterday on “tax havens” for the BBC World Service. If you read last month’s two-part series on the topic (here and here), you already know I’m a big defender of low-tax jurisdictions. But it’s always interesting to interact with people...
by Dan Mitchell | Jul 22, 2020 | Blogs, Tax Competition, Taxation
New York is ranked dead last for fiscal policy according to Freedom in the 50 States. But it’s not the worst state, at least according to the Tax Foundation, which calculates that the Empire State is ranked #49 in the latest edition of the State Business Tax Climate...
by Dan Mitchell | Jul 14, 2020 | Blogs, States, Taxation
esterday, in Part I of our series about greedy state politicians, we looked at top income tax rates. The worst state, not surprisingly, was California with a top tax rate of 13.3 percent. This onerous tax rate, combined with low-quality government and absurd levels of...
by Dan Mitchell | Jul 13, 2020 | Blogs, States, Taxation
When considering which state has the greediest politicians, the flippant (but understandable) answer is to say “all of them.” A more serious way of dealing with that question, though, is to look at overall rankings of economic policy. According to the Fraser...
by Dan Mitchell | Jun 28, 2020 | Blogs, Economics, Taxation
The good news is that Joe Biden has not embraced many of Bernie Sanders’ worst tax ideas, such as imposing a wealth tax or hiking the top income tax rate to 52 percent.. The bad news is that he nonetheless is supporting a wide range of punitive tax increases....
