by Dan Mitchell | May 23, 2018 | Blogs, Economics, Taxation
I’ve written over and over again that changing demographics are a very under-appreciated economic development. I’ve also written about why entrepreneurship is a critical determinant of growth. But I never thought of combining those topics. Fortunately, the folks at...
by Dan Mitchell | Mar 15, 2018 | Blogs, Taxation
Ideally, there should be no capital gains tax. After all, the levy is a self-destructive form of double taxation that reduces the quantity and quality of investment. And that’s not good for wages and jobs. To add insult to injury (to be more accurate, to add injury to...
by Andrew F. Quinlan | Nov 9, 2017 | Opinion and Commentary
Originally published by Townhall.com on December 1, 2017. During the late 1980s and early 1990s, there was a bipartisan consensus that reducing capital gains taxes, the rate of taxation on investment income, would create jobs and grow the economy. When the issue was...
by Andrew F. Quinlan | May 10, 2017 | Opinion and Commentary
Originally published by Townhall.com on May 9, 2017. Last week, Rep. Sander Levin (D-MI) and Sen. Tammy Baldwin (D-WI) held a press conference to promote legislation that will hike taxes on so-called “carried interest.” Sen. Baldwin attacked President Trump’s historic...
by Dan Mitchell | Mar 22, 2017 | Blogs, Taxation
Why would the economy grow faster if we got fundamental reform such as the flat tax? In part, because there would be one low tax rate instead of the discriminatory and punitive “progressive” system that exists today. As such, the penalty on productive behavior would...
