by Dan Mitchell | Feb 17, 2023 | Blogs, Flat Tax, Taxation
The Baltic nation of Estonia is an improbable success. After breaking free from the horror of Soviet communism, leaders adopted pro-market reforms. Including a low-rate flat tax for households.Including a pro-growth tax system for...
by Dan Mitchell | Feb 16, 2023 | Big Government, Blogs, Government Spending
Every six months or so, the Congressional Budget Office produces a 10-year forecast and most fiscal experts focus on the projections for deficit and debt. Those are important (and worrisome) numbers, but I first look at the data...
by Dan Mitchell | Feb 15, 2023 | Blogs
Last year’s three-part series on corporate tax rates (here, here, and here) primarily focused on the case for low rates in the United States. Today, we’re going to look at why the United Kingdom should have a low corporate tax rate. Though the...
by Dan Mitchell | Feb 14, 2023 | Blogs
The economics of tax policy is largely the economics of incentives. When governments impose high tax rates on something, you get less of that thing. My left-leaning friends acknowledge this is true, but only selectively. They openly agitate for higher...
by Dan Mitchell | Feb 13, 2023 | Big Government, Blogs, Bureaucracy
My primary problem with bureaucrats is that they often work for agencies and departments that should not exist. My secondary problem is that they generally get overcompensated compared to workers in the economy’s productive sector. And my...
