New evidence confirms what we already knew: that Laffer Curve effects reduce expected revenue gains from higher taxes.

I’m a big advocate of the Laffer Curve. Simply stated, it’s absurdly inaccurate to think that taxpayers and the economy are insensitive to changes in tax policy. Yet bureaucracies such as the Joint Committee on Taxation basically assume that the economy will be unaffected and that tax revenues will jump dramatically if tax rates are boosted by, say, […]

I very rarely feel sorry for statists. After all, these are the people who think that their feelings of envy and inadequacy justify bigger and more coercive government. And I get especially irked when I think about how their authoritarian policies will hurt the most vulnerablein society. But I nonetheless feel sorry for statists when I […]

Regular readers know that I like to mock big government and the hacks who are drawn to politics. This explains why I’ve always enjoyed cartoons that portray the state as a blundering, often-malicious, overweight nitwit. You can see some of my favorite examples here,here, here, here, here, here, here, here, here, here, and here. So in that tradition, let’s set aside serious issues today and enjoy […]

Winners of corporate tax competition, how the U.S. tax codes holds us back, the latest data on the superiority of economic freedom, and much more.

Paying for bad economic advice from IO’s, EU pushing tax harmonization, and corporate views of what makes a good tax code.