by Dan Mitchell | Jun 23, 2020 | Blogs, Economics, Taxation
As part of my presentation earlier this month to IES Europe, I discussed topics such as comparative economics and federalism. I also had a chance to explain why tax havens are good for global prosperity. Many of the points I made will be familiar to regular readers....
by Dan Mitchell | Jun 20, 2020 | Blogs, Taxation
Assuming the goal is more prosperity, lawmakers who work on tax issues should be guided by the “Holy Trinity” of good policy. Low marginal tax rates on productive activity such as work and entrepreneurship. No tax bias (i.e., extra layers of tax) that penalizes saving...
by Dan Mitchell | May 29, 2020 | Blogs, Tax Competition, Taxation
After Barack Obama took office (and especially after he was reelected), there was a big uptick in the number of rich people who chose to emigrate from the United States. There are many reasons wealthy people choose to move from one nation to another, but Obama’s...
by Dan Mitchell | May 22, 2020 | Blogs, Taxation
In the world of tax policy, big-picture issues such as tax reform can capture the public’s attention (should we junk the IRS, instance, and adopt a flat tax?). People also get very interested if politicians are threatening to grab more of their money. But many tax...
by Dan Mitchell | May 12, 2020 | Blogs, Economics, Taxation
I’ve explained the economics of taxation, which is based on the common-sense notion that you get less productive economic activity when taxes drive a bigger wedge between pre-tax income and post-tax consumption. Simply stated, the more you tax of something, the less...
