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Many Talented Foreigners No Longer See America as the Place that Rewards...

While there is considerable disagreement regarding the value of low-skilled immigrants (especially with regards to whether illegals deserve amnesty), almost everybody agrees that the United States is a...

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Revenge of the Laffer Curve, Part II

An earlier post revealed that higher tax rates in Maryland were backfiring, leading to less revenue from upper-income taxpayers. It seems New York politicians are running into a similar problem....

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Weekly Economics Lesson: High Taxes Are a Recipe for Reduced Competitiveness

Politicians understand the economic impact of taxation when it serves their interests. They often brag about raising tobacco taxes to discourage smoking. It’s not their business to dictate private...

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The World’s Best Tax Haven: In America, but Unavailable to Americans

Tax competition is an issue that arouses passion on both sides of the debate. Libertarians and other free-market advocates welcome tax competition as a way of restraining the greed of politicians....

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Class Warfare Tax Policy Wreaks Havoc with New Jersey Economy

Barack Obama wants higher tax rates on the so-called rich, including steeper levies on income, capital gains, dividends, and even death! Along with other greedy politicians in Washington, he acts as if...

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The Ronald Reagan of New Jersey?

He’s only been Governor for a couple of months, and we have seen other elected officials start strong and then get captured by the special interests, but it certainly appears that Governor Christie of...

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Say Goodbye to England

Okay, the title of this post is an absurd exaggeration, but I am not optimistic about the future of the United Kingdom. Government spending has exploded over the last ten-plus years (the largest...

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Jilted Basketball Fans Should Blame the Income Tax, not LeBron James

Supporters of the Cleveland Cavaliers, especially the owner of the team, are upset that basketball superstar LeBron James has decided to sign with the Miami Heat. The anger is especially intense...

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Americans Voting with their Feet to Escape Obama Tax Oppression

The Financial Times reports that the number of Americans giving up their citizenship to protect their families from America’s onerous worldwide tax system has jumped rapidly. Even relatively high-tax...

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Crocodile Dundee vs Australia’s Tax Police

Here’s a Reuters story about the Australian Tax Office harassing Paul Hogan, better known to Americans as Crocodile Dundee, because of a tax dispute. The grinches at the tax office took advantage of...

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David Cameron’s Foolish (or Cynical) Naivete about the Laffer Curve

Even though he’s allowing the budget to grow twice as fast as inflation, some people seem to think the new U.K. Prime Minster is a fiscal conservative. I’m skeptical. Not only is spending rising much...

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A Proposal for More Immigration that Should Have 100 Percent Support

On my recent trip to Colorado, I had dinner with Congressman Jared Polis, a Democrat from Boulder. He’s not exactly a small-government conservative, but he understands the importance of low marginal...

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Even the Establishment Media Is now Admitting the French Economic Model Is...

Some things in life are very dependable. Every year, for instance, the swallows return to Capistrano. And you can also count on Dan Mitchell to wax poetic about the looming collapse of French statism....

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From France to New Jersey, High Tax Rates and Class Warfare Are Economic Poison

Back in the 1980s and 1990s, there was a widespread consensus that high tax rates were economically misguided. Many Democrats, for instance, supported the 1986 Tax Reform Act that lowered the top tax...

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