by Dan Mitchell | Nov 30, 2022 | Blogs, Taxation
I’ve written dozens of articles about the Laffer Curve and most of that verbiage can be summarized in these five points. The Laffer Curve helps to illustrate that excessive tax rates result in less taxable activity.All public finance economists –...
by Dan Mitchell | Nov 29, 2022 | Big Government, Blogs, Welfare and Entitlements
The worst piece of legislation in 2021 was Biden’s so-called stimulus, which added $1.9 trillion to America’s fiscal burden. The worst provision of that legislation almost certainly was a temporary per-child entitlement of $3,000-$3,600. Biden then...
by Dan Mitchell | Nov 28, 2022 | Big Government, Blogs, Welfare and Entitlements
Back in July, I made the case for the right kind of entitlement reform in a discussion with the folks at Live and Let Live. Today, I want to underscore why it is important to focus on “the right kind” of reform. On paper, you can save money with “means...
by Dan Mitchell | Nov 26, 2022 | Blogs, States, Taxation
Looking at reforms at the state level, the past two years have produced very good news on education policy and tax policy. Regarding the latter, many states have lowered tax rates and several of them have junked so-called progressive tax systems and...
by Dan Mitchell | Nov 25, 2022 | Blogs
Most people I know try to avoid serving on a jury, but I might enjoy the experience if I had the opportunity to engage in “jury nullification.” For those not familiar, jury nullification occurs when jurors decide that a defendant is “not guilty” simply...
