by Dan Mitchell | Jan 8, 2018 | Blogs, Economics
The left’s fixation on reducing inequality is misguided. If they really care about the poor, they instead should focus on reducing poverty. And that means pushing for more growth. We know from U.S. evidence and global evidence that better economic performance is the...
by Dan Mitchell | Nov 15, 2017 | Uncategorized
Inequality is now a major dividing line in the world of public policy. Supporters of limited government think it’s not a big issue and instead focus on the policies that are most likely to generate growth. Simply stated, they tend not to care if some people get richer...
by Dan Mitchell | Nov 13, 2017 | Blogs, Taxation
There’s an amusing ritual that takes place in Washington every time there’s a big debate about tax policy. A bunch of rich leftists will sign a letter or hold a press conference to announce that they should be paying higher taxes rather than lower taxes. I’ve debated...
by Dan Mitchell | Nov 12, 2017 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
In my decades of trying to educate policymakers about the downsides of class-warfare tax policy, I periodically get hit with the argument that high tax rates don’t matter since America enjoyed a golden period of prosperity in the 1950s and early 1960s when the top tax...
by Dan Mitchell | Oct 15, 2017 | Blogs, Taxation
When companies want to boost sales, they sometimes tinker with products and then advertise them as “new and improved.” In the case of governments, though, I suspect “new” is not “improved.” The British territory of Jersey, for instance, has a very good tax system. It...