by Dan Mitchell | Apr 27, 2024 | Blogs, Capital Gains, Tax Competition, Taxation
Class-warfare tax policy is bad news. Last year, I warned that, “rich people are not sheep, patiently waiting to be sheared. If their fiscal torture is too extreme, they will leave.” Norway is a powerful example. Here’s a chart showing the rate at which...
by Dan Mitchell | Apr 24, 2024 | Blogs, Tax Harmonization, Taxation
When Joe Biden began his push for a global corporate tax cartel back in 2021, I explained why the idea was very bad news for the world’s workers, consumers, and shareholders. And I pointed out it was specifically bad news for...
by Dan Mitchell | Mar 1, 2024 | Blogs, Tax Competition, Tax Harmonization, Taxation
When I give speeches about the global fight between tax competition and tax harmonization, especially when speaking in jurisdictions with good tax policy, I usually point out that that compromise is a bad idea. To be sure, politicians from high-tax...
by Dan Mitchell | Sep 10, 2023 | Blogs
Wealth taxation is one of the most self-destructive policies that politicians can impose on a nation. Such laws directly divert existing capital from the private sector and discourage the accumulation of new capital. This means less long-run prosperity,...
by Dan Mitchell | Jun 20, 2023 | Blogs, Taxation
Last month (May), I wrote that Switzerland was the world’s best-governed nation, based on the latest Misery Index. The month before that (April), I wrote about Switzerland ranking #1 in the Human Freedom Index. And the month before that...
