by Dan Mitchell | Jul 2, 2021 | Economics, Supply Side, Taxation
Almost everybody (even, apparently, Paul Krugman) agrees that you don’t want to be on the downward-sloping part of the Laffer Curve. That’s where higher tax rates do so much economic damage that government collects even less revenue. But I would argue...
by Dan Mitchell | Jun 30, 2021 | Blogs, Education
The most powerful argument for school choice is that children from poor families will be more likely to get a high-quality education. After all, these are the kids most likely to be trapped in failing government schools. But there are lots of secondary...
by Dan Mitchell | Jun 29, 2021 | Blogs, Tax Competition, Taxation
The best referendum result of 2020 (indeed, the best policy development of the year) was when the people of Illinois voted to preserve their flat tax, thus delivering a crushing defeat to the Prairie State’s hypocritical governor, J.B....
by Dan Mitchell | Jun 28, 2021 | Blogs, Economics, Taxation
I’ve been arguing against Biden’s proposed increase in business taxation by pointing out that higher corporate taxes will be bad news for workers, consumers, and shareholders. Everyone agrees that shareholders get hurt. After all, they’re the...
by Dan Mitchell | Jun 27, 2021 | Big Government, Blogs, Economics, Government Spending, Keynesian
The private sector reacted quickly (when allowed by sluggish and inefficient government) to the coronavirus pandemic. We quickly got everything from vaccines to personal protective equipment. That’s the good news. The bad news is that politicians also reacted quickly....