by Dan Mitchell | Jan 16, 2023 | Blogs, Taxation
Fundamental tax reform is back on the agenda, with House Republicans promising a vote this year on a national sales tax, so I dug into C-Span’s archives so I could share a few of my thoughts from 2007 on the Fair Tax. As you might suspect, the principles I believed in...
by Dan Mitchell | May 5, 2022 | Blogs, Flat Tax, Taxation
About 14 years ago, I narrated this video about the flat tax and national sales tax (sometimes referred to as a “Fair Tax”). I used the video as an opportunity to explain that both plans effectively rip up the current internal revenue code. And both would solve...
by Dan Mitchell | Dec 17, 2014 | Blogs, Economics, Taxation
Genuine tax reform would be the second-best fiscal policy reform to boost economic growth.* With a simple and fair tax system, we could get rid of high tax rates that penalize productive behavior. We could eliminate the double taxation that discourages saving and...
by Dan Mitchell | Aug 8, 2014 | Blogs, Economics, Taxation
I’m a long-time proponent of the flat tax for three simple reasons. 1. It replaces the discriminatory “progressive” tax with a single tax rate at the lowest possible level, thus reducing the tax penalty on productive behavior. 2. It gets rid of all forms of double...
by Dan Mitchell | Apr 18, 2014 | Blogs, Taxation
I’m ecumenical on tax reform. I’ll support any plan that rips up the internal revenue code and instead lowers tax rates, reduces double taxation, and cuts out distorting loopholes. And as I explain in this interview, both the flat tax and national sales tax have a low...