by Dan Mitchell | Sep 10, 2020 | Big Government, Blogs, Economics, Government Spending
With the election less than two months away, there’s a lot of discussion and debate about Trump’s performance. I put together a report card last year showing that his economic policies have been a mixed bag, with good grades on tax and regulation, but bad grades...
by Dan Mitchell | Jun 20, 2020 | Blogs, Taxation
Assuming the goal is more prosperity, lawmakers who work on tax issues should be guided by the “Holy Trinity” of good policy. Low marginal tax rates on productive activity such as work and entrepreneurship. No tax bias (i.e., extra layers of tax) that penalizes saving...
by Dan Mitchell | Sep 10, 2019 | Blogs, Economics, Taxation
A few years ago, I put together a basic primer on corporate taxation. Everything I wrote is still relevant, but I didn’t include much discussion about international topics. In part, that’s because those issues are even more wonky and more boring than domestic issues...
by Dan Mitchell | Jun 19, 2019 | Blogs, Taxation
The crown jewel of the 2017 tax plan was the lower corporate tax rate. I appeared on CNBC yesterday to debate that reform, squaring off against Jason Furman, who served as Chairman of Obama’s Council of Economic Advisers. Here are a couple of observations on our...
by Dan Mitchell | Apr 21, 2019 | Blogs, Economics, Taxation
The International Monetary Fund is one of my least favorite international bureaucracies because the political types who run the organization routinely support bad policies such as bailouts and tax increases. But there are professional economists at the IMF who do good...