by Dan Mitchell | Oct 20, 2022 | Blogs, Taxation
In the case of business taxation, the most visually powerful evidence for the Laffer Curve is what happened to corporate tax revenue in Ireland after the corporate tax rate was slashed from 50 percent to 12.5 percent. Tax revenue increased dramatically....
by Dan Mitchell | Aug 10, 2022 | Blogs, Taxation
Whenever I discuss the varying types of double taxation on saving and investment (capital gains tax, dividend tax, corporate income tax, death tax, wealth tax, etc), I always emphasize that such levies discourage capital...
by Dan Mitchell | Jul 27, 2022 | Blogs, Economics, Taxation
To begin Part III of this series (here’s Part I and Part II), let’s dig into the archives for this video I narrated back in 2007. At the risk of patting myself on the back, all of the points hold up very well. Indeed, the past 15 years have produced more evidence that...
by Dan Mitchell | Jul 24, 2022 | Blogs, Taxation
Adding to already voluminous research in the area (including studies from Australia, Canada, Germany, and the United Kingdom), I wrote yesterday about a new study showing that lower corporate tax rates produce more economic growth. Not that these results should be a...
by Dan Mitchell | Jul 23, 2022 | Blogs, Economics, Taxation
Here is the argument why corporate tax rates should be as low as possible. High corporate tax rates discourage investment.Less investment reduces worker productivity.Lower rates of productivity result in lower wages. In an ideal world, there would...
