What’s a “Fair Share” for Upper-Income Taxpayers?

by Dan Mitchell | Jan 2, 2015 | Blogs, Economics, Laffer Curve, Taxation

Barack Obama and the rest of the class-warfare crowd act as if “tax the rich” is an appropriate answer to every question about fiscal policy. I’m not joking. Here are some of the President’s main tax hikes that have been enacted or proposed. Obama imposed higher...

Did the Wave Election Put Tax Reform on the Agenda?

by Dan Mitchell | Nov 13, 2014 | Blogs, Economics, Taxation

I don’t pretend that tax reform, by itself, will create economic Nirvana. After all, the experts who measure economic policy and economic performance say that only about 20 percent of a nation’s prosperity is determined by fiscal policy. Nonetheless, I’m a big fan of...

Another Edition of “I Can’t Believe Hillary Clinton Actually Said That”

by Dan Mitchell | Oct 28, 2014 | Big Government, Blogs, Economics

I wouldn’t be too upset about Hillary Clinton winning the White House in 2016, but only if I somehow could be assured that we would get the kind of policies we got when her husband was President. After all, economic freedom increased during the 1990s, largely...

The Real-World Impact of Higher Tax Rates on Upper-Income Households

by Dan Mitchell | Oct 21, 2014 | Blogs, Economics, Taxation

In my writings on the Laffer Curve, I probably sound like a broken record because I keep warning that a nation should never be at the revenue-maximizing point. That’s because there’s lots of good research showing that there are ever-increasing costs to the economy as...

Mirror, Mirror, on the Wall, which Nation and State Punish Success Most of All?

by Dan Mitchell | Sep 25, 2014 | Blogs, Economics, Taxation

I’ve shared some interested rankings on tax policy, including a map from the Tax Foundation showing which states have the earliest and latest Tax Freedom Days. There’s also a depressing table showing that the United States “earns” a lowly 94th place in a ranking of...