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 11, 2017 | Opinion and Commentary
Originally published by The Daily Caller on May 10, 2017. White House staff recently indicated that President Trump still thinks raising taxes on carried interest is a good idea. On that, he can find a lot of agreement—from big government liberals. If nothing else,...
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...
by Dan Mitchell | Jan 20, 2017 | Blogs, Capital Gains, Economics, Taxation
Time for a boring and wonky discussion about taxes, capital formation, and growth. We’ll start with the uncontroversial proposition that saving and investment is a key driver of long-run growth. Simply stated, employees can produce more (and therefore earn more) when...