Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • Debbie Young
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • COVID-19
  • Dick Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool

Dan Mitchell: Lessons from State Tax Policy

April 26, 2016 By E.J. Smith - Your Survival Guy

libertynfreedommap

Richardcyoung.com’s Liberty & Freedom Map, Click for an Interactive View

Here Dan Mitchell of the Cato Institute discusses why some states deserve kudos for their tax policies, and some states deserve mockery.

Just like with nations, there are many factors that determine whether a state is hindering or enabling economic growth.

But I’m very drawn to one variable, which is whether there’s a state income tax.
If the answer is no, then it’s quite likely that it will enjoy better-than-average economic performance (and if a state makes the mistake of having an income tax, then a flat tax will be considerably less destructive than a so-called progressive tax).

Which explains my two main lessons for state tax policy.

Read more about state tax policy at the Richardcyoung.com Liberty & Freedom Map.

FLASHBACK VIDEO: Dan Mitchell Debating Whether States Should Abolish Income Taxes or Impose Class-Warfare Tax Rates

Related Posts

  • Best Tax Haven, Dan Mitchell Style
  • Is Your State a Tax Hell?
  • How High are Income Tax Rates in Your State?
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

Click here to sign up for my free monthly Survive & Thrive letter.
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • Your Survival Guy’s #1 Habit of Fairly Successful People - March 28, 2023
  • “You Just Have to Be Willing to Move Defensively” - March 27, 2023
  • If You’re a Highly Effective Person, We Should Talk - March 24, 2023

Dick Young’s Must Reads

  • What to Do about China?
  • You Want the Limo, Not the Public Bus
  • The Clock is Ticking: You Must Protect Your Family
  • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Claremont Institute: Protecting the American Way of Life
  • Globalism Has Made America Dependent on Foreign Countries
  • Being Fully American Means Americans First
  • Sen. Hawley Makes the Case Against U.S.-China Relationship
  • America’s States Rights Revolution
  • Mises and Rothbard Finally Get Their Due

Disclosure

RSS Youngresearch.com

  • “You Just Have to Be Willing to Move Defensively”
  • Americans Are Fleeing Bank Deposits
  • If You’re a Highly Effective Person, We Should Talk
  • Trouble Now Brewing at Deutsche Bank
  • Is Vanguard Voting Against Your Political Beliefs?
  • Are 0DTE Options a Threat to Markets?
  • “I Need Preservation of Principal and Growth”
  • Are You Fairly Wealthy? I’m Listening
  • Treasury Studying How to Increase Deposit Insurance
  • Your Survival Guy’s BEST Insider’s Guide to Key West

RSS Yoursurvivalguy.com

  • “You Just Have to Be Willing to Move Defensively”
  • Did SVB Fail Because of Climate Change?
  • If You’re a Highly Effective Person, We Should Talk
  • What’s Happening to Charles Schwab?
  • Prepare for the Predictable
  • Is Vanguard Voting Against Your Political Beliefs?
  • Call It the Difference between Normal and Crazy
  • “I Need Preservation of Principal and Growth”
  • DEMOCRATIC SENATOR: Biden’s ESG Veto “Absolutely Infuriating”
  • Are You Fairly Wealthy? I’m Listening

Our Friend Natia Presiding at Thirsty Mermaid Key West

The Forgotten America

Your Survival Guy’s #1 Habit of Fairly Successful People

Gstaad and the Swiss Way

What’s John Kerry Doing in Mexico?

Neocon Foreign Policy: A 100% Failure Rate

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives