More Double Taxation of Dividends and Capital Gains Would Turn Tax Reform into Tax Deform

by Dan Mitchell | Aug 10, 2013 | Blogs, Economics, Taxation

Even though I’m a big fan of tax reform, I explained back in June that I’m not very comfortable with the “blank slate” tax reform plan put forth by Senators Max Baucus (D-MT) and Orrin Hatch (R-UT). My main gripe is that they start with the assumption that there...

CBO’s Tax Expenditure Report Uses Wrong Benchmark, Overstates Loopholes

by Dan Mitchell | May 30, 2013 | Blogs, Taxation

As a long-time advocate of tax reform, I’m not a fan of distortionary loopholes in the tax code. Ideally, we would junk the 74,000-page internal revenue code and replace it with a simple and fair flat tax – meaning one low rate, no double taxation, and no favoritism.*...

New CF&P “Economics 101” Video Blasts Obama’s Class Warfare Tax Policy

by CF&P | Oct 30, 2012 | News, Press Releases

Center for Freedom and Prosperity Foundation For Immediate Release Tuesday, October 30, 2012 202-285-0244 www.freedomandprosperity.org New CF&P “Economics 101” Video Blasts Obama’s Class Warfare Tax Policy (Washington, D.C., Tuesday, October 30,...

A Primer on the Flat Tax and Fundamental Tax Reform

by Dan Mitchell | Aug 12, 2012 | Blogs, Economics, Tax Competition, Taxation

In previous posts, I put together tutorials on the Laffer Curve, tax competition, and the economics of government spending. Today, we’re going to look at the issue of tax reform. The focus will be the flat tax, but this analysis applies equally to national sales tax...

America’s Olympic Athletes Should Be Taxed on Their Winnings (but Not by the IRS)

by Dan Mitchell | Aug 4, 2012 | Blogs, Economics, Tax Competition, Taxation

My friends at Americans for Tax Reform have received a bunch of attention for a new report entitled “Win Olympic Gold, Pay the IRS.” In this clever document, they reveal that athletes could face a tax bill – to those wonderful folks at the IRS – of nearly $9,000...