by Dan Mitchell | Apr 19, 2017 | Blogs, Taxation
Fundamental tax reform such as a flat tax should accomplish three big goals. Lower tax rates in order to encourage more productive behavior. Get rid of double taxation in order to enable saving and investment. End distorting preferences in order to reduce economically...
by Dan Mitchell | Apr 18, 2017 | Blogs, Economics, Taxation
My crusade against the border-adjustable tax (BAT) continues. In a column co-authored with Veronique de Rugy of Mercatus, I explain in the Wall Street Journal why Republicans should drop this prospective source of new tax revenue. …this should be an opportune time for...
by Dan Mitchell | Apr 17, 2017 | Big Government, Blogs, Government Spending
As Ronald Reagan pointed out many years ago, Washington is a company town. But rather than being home to a firm or industry that earns money by providing value to willing consumers, the “company” is a federal government that uses a coercive tax system to provide...
by Dan Mitchell | Apr 16, 2017 | Blogs, Taxation
Since I’ve written that the International Monetary Fund is “the Dumpster Fire of the Global Economy” and “the Dr. Kevorkian of Global Economic Policy,” I don’t think anyone could call me a fan of that international bureaucracy. But I’ve also noted that the real...
by Dan Mitchell | Apr 15, 2017 | Blogs, Economics
I wrote yesterday about the most recent OECD numbers on “Average Individual Consumption” in member nations. There was a very clear lesson in that data about the dangers of excessive government. The United States was at the top in this measure of household living...