by Dan Mitchell | Nov 3, 2017 | Blogs, Taxation
The swamp is pulsating with excitement. For the lobbying community, tax reform is like Christmas. No matter what happens, they win because of lucrative retainers and fat contracts. And what about libertarian policy wonks? What do we get? Well, we look at the...
by Dan Mitchell | Nov 2, 2017 | Blogs, Economics, Taxation
House Republicans have unveiled their much-anticipated tax plan. Is this something to celebrate? Well, that depends on whether you’re grading on a curve. Compared to a pure, simple, and fair flat tax, it’s timid and disappointing. But compared to today’s wretched and...
by Dan Mitchell | Nov 1, 2017 | Blogs, Taxation
It’s not easy being a libertarian in the policy world of Washington. I view the flat tax as a timid intermediate step, with the real goal being a tiny federal government (like the Founding Fathers envisioned) that can be financed without any broad-based tax. Yet even...
by Dan Mitchell | Oct 31, 2017 | Blogs, Taxation
I’ve been arguing all year that a substantially lower corporate tax rate is the most vital goal of tax reform for reasons of competitiveness. And I continued to beat that drum in an interview last week with Fox Business. The Wall Street Journal agrees that the time...
by Dan Mitchell | Oct 30, 2017 | Blogs, Uncategorized
Just in case you didn’t realize, we’re “celebrating” an anniversary. In 1917, at this time of year, the Bolshevik revolution was occurring in Russia. It resulted in the creation of the Soviet Union, followed in subsequent decades by enslavement of Eastern Europe and...