by Dan Mitchell | Nov 9, 2011 | Big Government, Blogs, Economics, Regulations
I recently commented on some astounding numbers showing that each regulatory bureaucrat destroys 100 jobs in the productive sector of the economy. That’s obviously terrible news. Heck, it would be awful if each bureaucrat caused the destruction of 2 private-sector...
by Dan Mitchell | Nov 4, 2011 | Blogs, Tax Competition, Taxation
Most of us are aware that America has a punitive corporate tax system, but here’s a sobering bit of analysis. Corporations pay more money to governments than they do to their shareholders. Here’s a chart from a recent Tax Foundation analysis. Now here’s something even...
by Dan Mitchell | Nov 3, 2011 | Big Government, Blogs, Economics, Regulations
Last year, I reported on a study from the Small Business Administration that estimated that federal regulation costs the economy a staggering $1.75 trillion every year. But that number is so large that it’s hard to understand what it actually means, so let’s look at...
by Dan Mitchell | Oct 25, 2011 | Blogs, Capital Gains, Taxation
Governor Rick Perry of Texas has announced a plan, which he outlines in today’s Wall Street Journal, to replace the corrupt and inefficient internal revenue code with a flat tax. Let’s review his proposal, using the principles of good tax policy as a benchmark. 1....
by Dan Mitchell | Oct 13, 2011 | Blogs, Economic Growth, Economics, Free Market
The folks from the Koch Institute put together a great video a couple of months ago looking at why some nations are rich and others are poor. That video looked at the relationship between economic freedom and various indices that measure quality of life. Not...
