by Dan Mitchell | Jul 2, 2024 | Blogs, Taxation
I wrote yesterday about a strange quirk in the Dutch tax system. That country (which is quite sensible on issues such as personal retirement accounts and school choice) has a very odd way of double taxing income that is saved and invested. Today, we’re...
by Dan Mitchell | Jul 1, 2024 | Blogs, Taxation
When I write about how we can learn by examining tax policy in other nations, it’s normally because there’s an important policy lesson. It’s unfortunate to have an income tax. Adopting a VAT leads to bigger government. Wealth taxes are extraordinarily...
by Dan Mitchell | Jun 30, 2024 | Blogs, Economics
Over the past few years, I’ve repeatedly emphasized Milton Friedman’s insight that central banks deserve blame for inflation. To illustrate, here are two charts. The first chart shows the Federal Reserve’s balance sheet. If you focus...
by Dan Mitchell | Jun 29, 2024 | Blogs, Tax Competition, Taxation
At the risk of understatement, I don’t admire very many politicians. Among leaders who have passed away, I obviously was a fan of Thatcher and Reagan. Among those still alive, my obvious favorite is Javier Milei of...
by Dan Mitchell | Jun 28, 2024 | Big Government, Blogs, Regulations
I’ve repeatedly explained that government red tape generally fails a cost-benefit test. Today, we’re going to look at a practical example. Four economists (Anna Claire Flowers, Vincent J. Geloso, Clara E. Piano, and Lyman R. Stone)...
