by Dan Mitchell | Mar 10, 2017 | Blogs, Taxation
The centerpiece of President Trump’s tax plan is a 15 percent corporate tax rate. Republicans in Congress aren’t quite as aggressive. The House GOP plan envisions a 20 percent corporate tax rate, while Senate Republicans have yet to coalesce around a specific plan....
by Dan Mitchell | Dec 7, 2016 | Blogs, Economics, Taxation
Can you identify the nation with the world’s 7th-friendliest tax system according to the Index of Economic Freedom? Don’t know the answer? Well, here’s a hint. If you don’t count Middle Eastern nations that finance their governments with oil money, this is the nation...
by Dan Mitchell | Nov 20, 2016 | Blogs, Economics, Supply Side, Tax Competition, Taxation
There are several features of President-Elect Trump’s tax plan that are worthy of praise, including death tax repeal, expensing, and lower marginal tax rates on households. But the policy that probably deserves the most attention is Trump’s embrace of a 15 percent tax...
by Dan Mitchell | Nov 16, 2016 | Blogs, Economics, Flat Tax, Taxation
I’m a big fan of the Baltic nations of Estonia, Latvia, and Lithuania. These three countries emerged from the collapse of the Soviet Empire and they have taken advantage of their independence to become successful market-driven economies. One key to their relative...
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...
