by Dan Mitchell | Oct 14, 2016 | Blogs, Economics, Taxation
As part of her collection of class-warfare tax proposals, Hillary Clinton wants a big increase in the death tax. This is very bad tax policy. In a good system, there shouldn’t be any double taxation of income that is saved and invested,especially since that approach...
by Dan Mitchell | Sep 28, 2016 | Blogs, Economics, Taxation
My buddy from grad school, Steve Horwitz, has a column for CapX that looks at the argument over “trickle-down economics.” As he points out (and as captured by the semi-clever nearby image), this is mostly a term used by leftists to imply that supporters of economic...
by Dan Mitchell | Sep 26, 2016 | Blogs, Economics, Taxation
What’s the worst possible tax hike, the one that would do the most economic damage? Raising income tax rates is never a good idea, and there’s powerful evidence from the 1980s about how upper-income taxpayers have considerable ability to change their behavior in...
by Dan Mitchell | Jul 9, 2016 | Blogs, Tax Competition, Taxation
While Switzerland is one of the world’s most market-oriented nations, ranked #4 by Economic Freedom of the World, it’s not libertarian Nirvana. Government spending, for instance, consumes about one-third of economic output. That may be the second-lowest level among...
by Dan Mitchell | Jun 25, 2016 | Big Government, Blogs, Economics, Taxation
I’ve been advocating for good tax reform for more than two decades, specifically agitating for a simple and fair flat tax. I get excited when politicians make bold proposals, such as many of the plans GOP presidential candidates proposed over the past year or so. But...