by Dan Mitchell | Jul 29, 2014 | Blogs, Economics, Tax Competition, Taxation
One of the worst things about working in Washington is that it’s so easy to get frustrated about the fact-free nature of political debates. For instance, there’s now a big controversy about companies “re-domiciling” or “inverting” from the United States to lower-tax...
by Dan Mitchell | Jun 16, 2014 | Blogs, Tax Competition, Taxation
Last August, I shared a list of companies that “re-domiciled” in other nations so they could escape America’s punitive “worldwide” tax system. This past April, I augmented that list with some commentary about whether Walgreen’s might become a Swiss-based company. And...
by Dan Mitchell | May 19, 2014 | Big Government, Blogs, Economics, Minimum Wage
I’m beginning to think that people from some nations are smarter and more rational than others. That may explain, for instance, why voters in Estonia support fiscal restraintwhile voters in France foolishly think the gravy train can continue forever. But I’m not...
by Dan Mitchell | Apr 21, 2014 | Blogs, Tax Competition, Taxation
I’m in favor of free markets. That means I’m sometimes on the same side as big business, but it also means that I’m often very critical of big business. That’s because large companies are largely amoral. Depending on the issue, they may be on the side of the angels,...
by Dan Mitchell | Aug 13, 2013 | Blogs, Economics, Tax Competition, Taxation
It’s probably not an exaggeration to say that the United States has the world’s worst corporate tax system. We definitely have the highest corporate tax rate in the developed world, and we may have the highest corporate tax rate in the entire world depending on how...