by Dan Mitchell | Mar 3, 2019 | Blogs, Taxation
Germany is like the Nordic nations. It gets a decent ranking (#20) for overall economic freedom, but mostly because a bad score for fiscal policy is offset by reasonably good scores in other policy areas. Taking a closer look at fiscal policy, there’s a heavy burden...
by Dan Mitchell | Feb 28, 2019 | Blogs, Tax Competition, Taxation
Much to the consternation of some Republicans, I periodically explain that the Trump Administration is – at best – a mixed blessing for supporters of limited government. It’s not just that Trump is the most protectionist president since Herbert Hoover, though that’s...
by Dan Mitchell | Feb 26, 2019 | Blogs, Taxation
I’m currently in the Cayman Islands, which is one of my favorite places since – like Bermuda, Monaco, Vanuatu, Antigua and Barbuda, and a few other lucky places in the world – it has no income tax. At the risk of stating the obvious, the absence of an income tax has...
by Dan Mitchell | Feb 23, 2019 | Big Government, Blogs, Government Spending, Taxation
I recently appeared on CNBC to talk about everyone’s favorite government agency, those warm and cuddly folks at the IRS. Our tax system is a dysfunctional mess, but you’ll notice that I mostly blamed politicians. After all, they are the ones who have unceasingly made...
by Dan Mitchell | Feb 19, 2019 | Big Government, Blogs, Taxation
I’m not an optimist about the future of Europe, mostly because welfare states are unaffordable in nations suffering from demographic decline. Given the grim trends on the continent, I expect many other nations (probably led by Italy) will experience the fiscal and...