by Dan Mitchell | Jan 12, 2024 | Blogs, Economics, Free Market
I narrated a video more than 10 years ago to explain the recipe for poor nations to become rich nations. Kite & Key Media has unveiled a video with a similar message. The country comparisons were the most compelling part of the video. Indeed, I’ve...
by Dan Mitchell | Jan 11, 2024 | Blogs, Economics, Taxation
There are three reasons to be a knee-jerk supporter of tax cuts (or to be a knee-jerk opponent of tax increases). The morality-driven libertarian argument that people should be able to keep the income they earn.The starve-the-beast...
by Dan Mitchell | Jan 10, 2024 | Big Government, Blogs, Government Spending
Back in 2022, I criticized President Biden because all of his major initiatives were increasing the burden of government spending. And it’s gotten worse since that column. Here’s a partial list of government expansions during the Biden years....
by Dan Mitchell | Jan 9, 2024 | Blogs, Taxation
The Laffer Curve is the common-sense notion that changes in tax rates lead to changes in taxable income. But, as I explain in this clip from a TV program in Hawaii, that doesn’t mean tax cuts “pay for themselves.” Before any readers accuse me of being an...
by Dan Mitchell | Jan 8, 2024 | Blogs, Free Market, Taxation
In Part I of this series, we looked at the many pro-market reforms that turned Estonia into an “improbable success.” For Part II, let’s look at fiscal policy. And we’ll start with the country’s best feature: Estonia has a very simple and fair flat...
