by Dan Mitchell | Dec 17, 2024 | Blogs, Economics, Supply Side, Taxation
Some people say the Laffer Curve is the economic version of Goldilocks. But instead of being a story about whether the porridge is too hot, too cold, or just right, it’s a story about whether tax rates are too high, too low, or just right. But I’ve never...
by Dan Mitchell | Nov 17, 2024 | Blogs, Taxation
In 2016, I wrote that socialism was both evil and stupid. Today, let’s look at a practical example, starting with this video about Norwegian taxation that is both funny and tragic. The tragic part of the video is that it is true. Norway’s leftist...
by Dan Mitchell | Oct 29, 2024 | Blogs, Taxation
What’s the most radical part of Kamala Harris’ agenda? I’m tempted to say it’s what she has said about wanting the Marxist notion of “equality of outcomes.” But I suspect (or hope!) that’s just empty campaign rhetoric. If we look at the specific ideas...
by Dan Mitchell | Jul 1, 2024 | Blogs, Taxation
When I write about how we can learn by examining tax policy in other nations, it’s normally because there’s an important policy lesson. It’s unfortunate to have an income tax. Adopting a VAT leads to bigger government. Wealth taxes are extraordinarily...
by Dan Mitchell | Jun 14, 2024 | Blogs, Taxation
Less than two months ago, I shared a chart looking at tax burdens on saving and investment in the industrialized world. The nation with the lowest tax burden on capital was Lithuania (unsurprisingly, all of the Baltic countries scored...
