by Dan Mitchell | Oct 17, 2017 | Blogs, Economics, Laffer Curve
I gave a couple of speeches about fiscal policy in Australia late last week. During the Q&A sessions (as so often happens when I speak overseas), the audiences mostly asked questions about Donald Trump. I generally give a three-part response. I tell them I was...
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 | Sep 2, 2017 | Blogs, Taxation
Why were the Reagan tax cuts so successful? Why did the economy rebound so dramatically from the malaise of the 1970s? The easy answer is that we got better tax policy, especially lower marginal tax rates on personal and business income. Those lower rates reduced the...
by Dan Mitchell | Aug 27, 2017 | Big Government, Blogs
When I write about politicians in their role as politicians (rather than their policy prescriptions), it’s usually to mock them for venality, corruption, immorality, sleaze, incompetence, or hypocrisy. Today, I want to plead with them to exercise self-restraint. Some...
by Dan Mitchell | Aug 22, 2017 | Blogs, Economics
What’s the worst government statistic, based on whether it distracts from sound thinking and encourages bad policy? Well, I definitely think gross domestic income is a better measure than gross domestic product if we want insights on growth, so I’m not a big fan of...
