by Dan Mitchell | Nov 12, 2017 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
In my decades of trying to educate policymakers about the downsides of class-warfare tax policy, I periodically get hit with the argument that high tax rates don’t matter since America enjoyed a golden period of prosperity in the 1950s and early 1960s when the top tax...
by Dan Mitchell | Nov 11, 2017 | Blogs, Economics, Taxation
Back on November 2, I summarized the good and not-so-good features of the tax plan put forth by House Republicans. Here are the parts that made me happy. Lower corporate tax rate. Ending the deduction for state and local income taxes. Death tax repeal. And what was...
by Dan Mitchell | Nov 10, 2017 | Blogs, Economics, Laffer Curve, Taxation
Since there’s a big debate about whether there should be tax cuts and tax reform in the United States, let’s see what we can learn from abroad. And let’s focus specifically on whether changes in tax policy actually produce “revenue feedback” because of the Laffer...
by Dan Mitchell | Nov 9, 2017 | Blogs, Economics
To “commemorate” the 100th anniversary of the Bolshevik revolution in Russian, I’ve been sharing a series of columns on the evil of communism. On October 30, I looked at the death toll resulting from communist tyranny. On November 5, I discussed the shameful...
by Dan Mitchell | Nov 8, 2017 | Blogs, Crime, Society
It’s impossible to imagine the evil and/or the sickness that would lead a person to massacre strangers in a church. But it’s very easy to predict the political aftermath of such a tragedy. Folks on the left (some well-meaning, some not) immediately urge more gun...
