by Dan Mitchell | Dec 31, 2022 | Blogs, Education, States, Taxation
Continuing a tradition that began back in 2013, let’s look at the best and worst developments of the past year. Since I try to be optimistic (notwithstanding forces and evidence to the contrary), let’s start with the good news. I’ll start by...
by Dan Mitchell | Nov 3, 2022 | Blogs, Economics, Taxation
The Laffer Curve is a very straightforward concept. It graphically illustrates why politicians are wrong if they think you can double tax revenue by doubling tax rates (or that revenues will drop by 50 percent if tax rates are cut in half)....
by Dan Mitchell | Oct 23, 2022 | Blogs
At the risk of sounding like a “snowflake,” there are some things that “trigger” me. It drives me crazy, for instance, when rich leftists support tax increases, particularly since many of them (Elizabeth Warren, Joe Biden, Bill and Hillary...
by Dan Mitchell | Oct 11, 2022 | Blogs, Flat Tax, Taxation
While most people pay attention to which political party enjoys success when there’s an election, I think it’s also important to look at ballot initiatives. In 2021, voters in the left-leaning state of Washington overwhelmingly registered their...
by Dan Mitchell | Oct 3, 2022 | Uncategorized
A wealth tax is an extraordinarily destructive way for governments to generate revenue. It violates the principles of sensible tax policy and it does a lot of damage since people have less incentive to save and invest. It’s...