by Dan Mitchell | Aug 10, 2013 | Blogs, Economics, Taxation
Even though I’m a big fan of tax reform, I explained back in June that I’m not very comfortable with the “blank slate” tax reform plan put forth by Senators Max Baucus (D-MT) and Orrin Hatch (R-UT). My main gripe is that they start with the assumption that there...
by Dan Mitchell | Dec 31, 2012 | Blogs, Economics, Laffer Curve, Taxation
Back in September, I shared a very good primer on the capital gains tax from the folks at the Wall Street Journal, which explained why this form of double taxation is so destructive. I also posted some very good analysis from John Goodman about the issue....
by CF&P | Oct 30, 2012 | News, Press Releases
Center for Freedom and Prosperity Foundation For Immediate Release Tuesday, October 30, 2012 202-285-0244 www.freedomandprosperity.org New CF&P “Economics 101” Video Blasts Obama’s Class Warfare Tax Policy (Washington, D.C., Tuesday, October 30,...
by Dan Mitchell | Sep 23, 2012 | Blogs, Capital Gains, Economics, Laffer Curve, Taxation
One of the principles of good tax policy and fundamental tax reform is that there should be no double taxation of income that is saved and invested. Such a policy promotes current consumption at the expense of future consumption, which is simply an econo-geek way of...
by Dan Mitchell | Apr 23, 2012 | Blogs, Capital Gains, Economics, Taxation
A good tax system (like the flat tax) does not impose extra layers of tax on income that is saved and invested. I’ve tried to emphasize this point with a flowchart, and I’ve defended so-called trickle-down economics, which is nothing more than the common-sense notion...
