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Quit Dodging the Issue and Tell Us the Revenue-Maximizing Point on the Laffer Curve
I feel like I’m on the witness stand and I’m being badgered by a hostile lawyers. Readers keep asking me to identify the revenue-maximizing point on the Laffer Curve. But… Read more
UFOs, Faked Moon Landings, and Fiscal Policy
I was very pleased to report the other day that the people of France overwhelmingly favor spending cuts, even when they were asked a biased question that presupposed that Keynesian-style… Read more
OECD Study Admits Income Taxes Penalize Growth, Acknowledges that Tax Competition Restrains Excessive Government
I have to start this post with a big caveat. I’m not a fan of the Paris-based Organization for Economic Cooperation and Development. The international bureaucracy is infamous for using… Read more
Going Galt: More Americans Vote with their Feet against Obama
I’ve written many times about how investors, entrepreneurs, small business owners and other successful people migrate from high-tax states to low-tax states. Well, the same thing happens internationally, as France’s… Read more
MarketPlace Fairness Act Thwarts Tax Competition
The Marketplace Fairness Act, a misguided attempt to allow expanded sales tax collection online, passed the Senate on Monday, though its fate in the House is less clear. Also less… Read more
Why the So-Called Marketplace Fairness Act Is a Misguided Expansion of Power for State Governments
I’m either a total optimist or a glutton for punishment. I recently explained the benefits of “tax havens” for the unfriendly readers of the New York Times. Now I’m defending… Read more
Huge Value-Added Tax Increases in Europe Show Why Washington Politicians Should Never Be Given a New Source of Tax Revenue
The most important, powerful, and relevant argument against the value-added tax in the short run is that we can balance the budget in just five years by capping spending so… Read more
New European Data: When Tax Competition Is Weakened, Politicians Respond by Increasing Tax Rates
I often argue that we need to preserve tax competition and tax havens in order to limit the greed of the political class. Without some sort of external constraint, they… Read more
Raise Your Glass and Give a Toast to Celebrate the Real-World Benefits of Lower Taxes and Economic Freedom
I share a lot of economic theory and empirical evidence in favor of lower tax rates. And I’m constantly extolling the virtues of overall economic freedom. But sometimes it helps… Read more
No, There Are No FATCA Treaties in the Senate
Yesterday, an article in The Wall Street Journal by Ben DiPietro reported that Senator Rand Paul is holding up “FATCA treaties” in the Senate. If only it were so, but… Read more
