by Dan Mitchell | Feb 2, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation
The President today released his budget for fiscal year 2016, a document that also shows what will happen to taxes, spending, and red ink over the next 10 years if the White House’s budget is adopted. Here are the four things that deserve critical attention. 1. Obama...
by Dan Mitchell | Sep 28, 2014 | Blogs, Tax Competition, Taxation
Most of us will never be directly impacted by the international provisions of the internal revenue code. That’s bad news because it presumably means we don’t have a lot of money, but it’s good news because IRS policies regarding “foreign-source income” are a poisonous...
by Dan Mitchell | Sep 15, 2014 | Blogs, Economics, Tax Competition, Taxation
I’ve complained over and over again that America’s tax code is a nightmare that undermines competitiveness and retards growth. Our aggregate fiscal burden may not be as high as it is for many of our foreign competitors, but high tax rates and poor design mean the...
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 | Jul 6, 2014 | Blogs, Economics, Financial Privacy, Tax Competition, Taxation
I’ve argued that subsidies for the Paris-based Organization for Economic Cooperation and Development are the most destructively wasteful outlays in the federal budget. At least on a per-dollar-spent basis. But what if we did the same exercise on the tax side of...
