by Dan Mitchell | Aug 26, 2016 | Blogs, Europe, Tax Competition, Tax Harmonization, Taxation
I have a love-hate relationship with corporations. On the plus side, I admire corporations that efficiently and effectively compete by producing valuable goods and services for consumers, and I aggressively defend those firms from politicians who want to impose...
by Dan Mitchell | Aug 22, 2016 | Blogs, Economics, Taxation
If you get into the weeds of tax policy and had a contest for parts of the internal revenue code that are “boring but important,” depreciation would be at the top of the list. After all, how many people want to learn about America’s Byzantine system that imposes a...
by Dan Mitchell | Jul 20, 2016 | Blogs, Taxation
What’s the best measure of the tax burden on the U.S. economy? Is it the amount of money that we’re forced to surrender to the knaves in Washington (i.e., the difference between our pre-tax income and post-tax consumption)? Or is it the loss of economic output caused...
by Dan Mitchell | May 6, 2016 | Blogs, Tax Competition, Taxation
Imagine if you had the chance to play basketball against a superstar from the NBA like Stephen Curry. No matter how hard you practiced beforehand, you surely would lose. For most people, that would be fine. We would console ourselves with the knowledge that we tried...
by Dan Mitchell | May 4, 2016 | Big Government, Blogs, Regulations, Taxation
I’m a bleeding heart libertarian in that I get most upset about statist policies that make life harder for disadvantaged people so that folks with more money can get undeserved goodies. For instance, I despise anti-school choice leftists because they value political...