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...
by Dan Mitchell | Oct 5, 2017 | Blogs, Taxation
The Republican tax plan is based on some very attractive principles. Lowering the corporate tax rate. Ending the tax bias against new investment. Eliminating harmful loopholes. Reducing double taxation. Unfortunately, the GOP isn’t planning to completely fix these...
by Dan Mitchell | Oct 1, 2017 | Blogs, Economics, Laffer Curve, Taxation
For months, I’ve been arguing that the big reduction in the corporate tax rate is the most important part of Trump’s tax agenda. But not because of politics or anything like that. Instead, my goal is to enable additional growth by shifting to a system that doesn’t do...
by Dan Mitchell | Sep 23, 2017 | Blogs, Economics, Taxation
The most common arguments for reducing the 35 percent federal tax on corporate income usually revolve around the fact that having the developed world’s highest tax rate on business undermines competitiveness and reduces investment in America. And all of that is true....
by Dan Mitchell | Aug 30, 2017 | Blogs, Flat Tax, Taxation
While I realize there’s zero hope of ripping up America’s awful tax code and getting a simple and fair flat tax, I’m nonetheless hopeful that there will be some meaningful incremental changes as part of the current effort to achieve some sort of tax reform. A package...
