What Biden’s Corporate Tax Increase Means for American Competitiveness

by Dan Mitchell | Mar 17, 2021 | Blogs, Taxation

Thanks to globalization (as opposed to globalism), jobs and investment are now very mobile. This means the costs of bad policy are higher than ever before, and it also means the benefits of good policy are higher than ever before. Which is why it’s very...

Even the OECD Finds that Class-Warfare Taxes Lead to Lower Incomes

by Dan Mitchell | Feb 27, 2021 | Blogs, Taxation

I’m not a big fan of the Organization for Economic Cooperation and Development. Simply stated, the Paris-based international bureaucracy represents the interests of governments, and that means the OECD often pushes policies that serve the interests of...

The Suddenly Real Threat of a Higher Corporate Income Tax Rate

by Dan Mitchell | Jan 6, 2021 | Blogs, Taxation

After November’s election, I figured we would have gridlock. Biden would propose some statist ideas, but they would be blocked by Republicans in the Senate. All things considered, not a bad outcome. But Democrats won the run-off elections yesterday for both Georgia...

Corporate Taxes and the Laffer Curve

by Dan Mitchell | Dec 19, 2020 | Blogs, Tax Competition, Taxation

In a new documentary film, Race to the Bottom, I had an opportunity to pontificate briefly about corporate tax and the Laffer Curve. At the risk of understatement, I represented a minority viewpoint in the documentary. Most of the people interviewed had a negative...

The Best and Worst Fiscal Policies of Trump’s Presidency

by Dan Mitchell | Sep 10, 2020 | Big Government, Blogs, Economics, Government Spending

With the election less than two months away, there’s a lot of discussion and debate about Trump’s performance. I put together a report card last year showing that his economic policies have been a mixed bag, with good grades on tax and regulation, but bad grades...