VAT Subscribe to VAT
New Evidence from Japan Shows Why Romney’s Interest in a Value-Added Tax Is so Troubling
In a recent column for the Wall Street Journal, I explained why Mitt Romney’s interest in a value-added tax is deeply troubling. One of my key points was that the… Read more
Mitt Romney, the Value-Added Tax, and America’s European Future
My Iowa caucus predictions from yesterday were hopelessly wrong, probably because I was picking with my heart rather than my head. As I noted a couple of weeks ago, Mitt… Read more
Since Romney Is Willing to Consider a VAT, Should Libertarians and Conservatives Be Willing to Consider Him?
There’s been a lot of discussion about Mitt Romney’s appeal – or lack thereof – among supporters of limited government. To put it mildly, many libertarians and conservatives are underwhelmed… Read more
Five Lessons for America from the European Fiscal Crisis
I’ve written about the fiscal implosion in Europe and warned that America faces the same fate if we don’t reform poorly designed entitlement programs such as Medicare and Medicaid. But… Read more
Tim “Turbotax” Geithner Has a British Soulmate
The Secretary of the Treasury, Tim Geithner, is infamous for conveniently forgetting to pay tax on $80,000 of income and then getting kid-glove treatment from the IRS when his crime… Read more
Cain’s 9-9-9 Tax Plan: The Good, the Bad, and the Ugly
Actually, the title of this post should probably read, “The Good, Good, Good, Bad, and the Ugly.” That’s because Herman Cain’s 9-9-9 tax plan has low tax rates, it eliminates… Read more
A Simple Fix to Turn Herman Cain’s Good Tax Plan into a Great Tax Plan
I’m very enthusiastic – but also a little worried – about Herman Cain’s tax plan. So when I got the opportunity to write a short column for the New York… Read more
More Problems with Cain’s 9-9-9 Plan
I like the overall approach of Herman Cain’s 9-9-9 tax plan. As I recently wrote, it focuses on lower tax rates, elimination of double taxation, and repeal of corrupt and… Read more
New Video from Congressman Paul Ryan Explains Two Key Principles of Tax Reform
Here’s a very good new video from the Chairman of the House Budget Committee, in which he explains why lower tax rates and fewer loopholes are the keys to a… Read more
Let’s Send Obama to the Vatican for an Economics Lesson
I’m normally disappointed when religious figures comment on economics, particularly since they often turn the individual call to charity into a blank check for government-coerced redistribution. This runs contrary to… Read more