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...
by Dan Mitchell | Oct 14, 2017 | Blogs, Taxation
I’m not a fan of the International Monetary Fund. Like many other international bureaucracies, it pushes a statist agenda. The IMF’s support for bad policy gets me so agitated that I’ve sometimes referred to it as the “dumpster fire” or “Dr. Kevorkian” of the global...
by Dan Mitchell | Oct 11, 2017 | Blogs, Taxation
In my ideal world, we’re having a substantive debate about corporate tax policy, double taxation, marginal tax rates, and fundamental tax reform (plus spending restraint so big tax cuts are feasible). Sadly, we don’t live in my ideal world (other than my Georgia...
