by Dan Mitchell | Feb 27, 2017 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
In my never-ending strategy to educate policy makers about the Laffer Curve, I generally rely on both microeconomic theory (i.e., people respond to incentives) and real-world examples. And my favorite real-world example is what happened in the 1980s when Reagan cut...
by Dan Mitchell | Feb 20, 2017 | Blogs, Taxation
Back in 2014, I shared some data from the Tax Foundation that measured the degree to which various developed nations punished high-income earners. This measure of relative “progressivity” focused on personal income taxes. And that’s important because that levy often...
by Dan Mitchell | Jan 13, 2017 | Big Government, Blogs, Welfare and Entitlements
Since I can’t even keep track of schools of thought on the right (libertarians, traditional conservatives, neocons, reform conservatives, compassionate conservatives, Trump-style populists, etc), I’m not going to pretend to know what’s happening on the left. But it...
by Dan Mitchell | Nov 13, 2016 | Blogs, Economics, Supply Side, Tax Competition, Taxation
Back in 2010, I shared a cartoon video making a very important point that there’s a big downside when class-warfare politicians abuse and mistreat highly productive taxpayers. Simply stated, the geese with the golden eggs may fly away. And this isn’t just theory. As...
by Dan Mitchell | Oct 29, 2016 | Blogs, States, Taxation
In just 10 days, voters will go to the polls and deal with the rather distasteful choice of Donald Trump and Hillary Clinton. In some states, they also will have an opportunity to vote for or against various ballot initiatives and referendums. Here are the five...