by Dan Mitchell | Jul 1, 2025 | Blogs, States, Taxation
In 1972, Ohio politicians made the mistake of imposing a state income tax. That first tax had a top rate of 3.5 percent, but politicians quickly became addicted to this new source of tax revenue. By 1984, the top rate had jumped to 9.5 percent....
by Dan Mitchell | Jun 25, 2025 | Blogs, Taxation
Which leftists are worse, the ones who pontificate in favor of higher taxes but aggressively and hypocritically seek to protect their own money? Or the ones who genuinely worship government and sincerely believe that the government should...
by Dan Mitchell | Jun 24, 2025 | Blogs, Taxation
Today, voters in New York City may elect a lunatic leftist as Mayor, following Chicago into the toilet of statism. Is that the most important election of 2025? Later this year, voters in Argentina will decide in mid-term elections whether...
by Dan Mitchell | Jun 22, 2025 | Blogs, Taxation
Back in 2013, I debated Joe Biden’s top economist on the death tax. Everything I said then (and wrote four years before then) is still true today. In the interview, I mentioned nations that have abolished their death taxes, including Australia. I should...
by Dan Mitchell | Jun 12, 2025 | Big Government, Blogs
One of the most unfortunate features of Trump’s Big Beautiful Bill is that it expands the deduction for state and local taxes, thus weakening one of the best provisions of the 2017 tax package. This is bad news since it is foolish to have a...