by Dan Mitchell | Nov 12, 2023 | Big Government, Blogs, Taxation, Welfare and Entitlements
In Part I of this series, we explained why marginal tax rates matter. In Part II, we emphasized that low marginal tax rates are important. Today, in Part III, let’s consider the role of payroll taxes, especially hidden payroll taxes. To be more specific, governments...
by Dan Mitchell | Jan 11, 2013 | Blogs, Economics, Taxation
Because of Obama’s class-warfare tax hike and additional tax increases by kleptocrats at the state level, many successful taxpayers will now lose more than 50 percent of any additional income they generate for the American economy. I discuss the implications of this...
by Dan Mitchell | Nov 14, 2011 | Blogs, Economics, Flat Tax, Laffer Curve, Taxation
Alan Blinder has a distinguished resume. He’s a professor at Princeton and he served as Vice Chairman of the Federal Reserve. So I was interested to see he authored an attack on the flat tax – and I was happy after I read his column. Why? Well, because his arguments...
by Dan Mitchell | Nov 6, 2011 | Blogs, Economics, Laffer Curve, Taxation
One of my frustrating missions in life is to educate policy makers on the Laffer Curve. This means teaching folks on the left that tax policy affects incentives to earn and report taxable income. As such, I try to explain, this means it is wrong to assume a simplistic...
by Dan Mitchell | Jun 5, 2011 | Big Government, Blogs, Economics, Government Spending, Welfare and Entitlements
I’ve beaten up on Newt Gingrich for his views on global warming and his attack on the Ryan budget plan, but I’m completely on his side in the faux controversy about whether it is racist to call Barack Obama the “food stamp president.” This story from ABC News should...
