by Dan Mitchell | Dec 13, 2017 | Blogs, Tax Competition, Taxation
When Ronald Reagan slashed tax rates in America in the 1980s, the obvious direct effect was more prosperity in America. But the under-appreciated indirect effect of Reaganomics was that it helped generate more prosperity elsewhere in the world. Not because Americans...
by Dan Mitchell | Dec 3, 2017 | Blogs, Economics, Taxation
As part of yesterday’s column about the comparatively tiny – and temporary – tax cut in the Republican tax reform plan, I quoted a leftist columnist for US News & World Report, who argued that there should be a big tax increase (including a big tax hike on...
by Dan Mitchell | Nov 2, 2017 | Blogs, Economics, Taxation
House Republicans have unveiled their much-anticipated tax plan. Is this something to celebrate? Well, that depends on whether you’re grading on a curve. Compared to a pure, simple, and fair flat tax, it’s timid and disappointing. But compared to today’s wretched and...
by Dan Mitchell | Oct 31, 2017 | Blogs, Taxation
I’ve been arguing all year that a substantially lower corporate tax rate is the most vital goal of tax reform for reasons of competitiveness. And I continued to beat that drum in an interview last week with Fox Business. The Wall Street Journal agrees that the time...
by Dan Mitchell | Oct 11, 2017 | Blogs, Taxation
In my ideal world, we’re having a substantive debate about corporate tax policy, double taxation, marginal tax rates, and fundamental tax reform (plus spending restraint so big tax cuts are feasible). Sadly, we don’t live in my ideal world (other than my Georgia...
