If Obama Wants More Tax Revenue, He Should Lower the Corporate Tax Rate

by Dan Mitchell | Mar 17, 2013 | Blogs, Economics, Laffer Curve, Taxation

Regular readers know that I’m a big advocate of the Laffer Curve, which is the common-sense notion that higher tax rates will cause people to change their behavior in ways that reduce taxable income. But that doesn’t mean “all tax cuts pay for themselves.” Yes, that...

Based on a Review of Studies Looking at the Impact of Taxes on Growth, Academic Research Gives Obama a Record of 0-23-3

by Dan Mitchell | Jan 18, 2013 | Blogs, Economics, Taxation

How do you define a terrible team? No, this isn’t going to be a joke about Notre Dame foolishly thinking it could match up against a team from the Southeastern Conference in college football’s national title game (though the Irish win the contest for prettiest...

What’s the Best Response When Crony Capitalists From Big Business Endorse Higher Taxes on Their Small Business Competitors?

by Dan Mitchell | Dec 25, 2012 | Blogs, Economics, Taxation

I’m a big fan of lower corporate tax rates. I also want to eliminate worldwide taxation so American companies can be on a level playing field when competing for market share around the world. And I want to get rid of the double taxation of dividends and capital gains...

Debunking Obama’s Flawed Assertions on Tax Deductions and Corporate Welfare

by Dan Mitchell | Oct 5, 2012 | Blogs, Economics, Taxation

In a violation of the 8th Amendment’s prohibition against cruel and unusual punishment, my brutal overseers at the Cato Institute required me to watch Wednesday’s debate (you can see what Cato scholars said by clicking here). But I will admit that it was good to...

America’s Corporate Tax Rate is So Punitive that Companies Are Even Moving to Welfare States Like the U.K. to Be More Competitive

by Dan Mitchell | Aug 30, 2012 | Blogs, Tax Competition, Taxation

I was a bit surprised couple of years ago to read that an American company re-located to Canada to benefit from better tax policy. But I wasn’t totally shocked by the news because Canada has been lowering tax rates, reducing the burden of government spending, and...