Principles of (Sensible) Taxation

Principles of (Sensible) Taxation

by | Aug 29, 2020 | Blogs, Economics, Taxation

Two weeks ago, I shared some video from a presentation to the New Economic School of Georgia (the country, not the state) as part of my “Primer on the Laffer Curve.” Here’s that portion of that presentation that outlines the principles of sensible taxation. Just in...
The Economic Damage of Wealth Taxation

The Economic Damage of Wealth Taxation

by | Aug 12, 2020 | Blogs, Taxation

Speculating about tax policy in 2021, with Washington potentially being controlling by Joe Biden, Chuck Schumer, and Nancy Pelosi, there are four points to consider. The bad news is that Joe Biden has endorsed a wide range of punitive tax increases. The good news is...
A Primer on Dividend Taxation

A Primer on Dividend Taxation

by | Jun 20, 2020 | Blogs, Taxation

Assuming the goal is more prosperity, lawmakers who work on tax issues should be guided by the “Holy Trinity” of good policy. Low marginal tax rates on productive activity such as work and entrepreneurship. No tax bias (i.e., extra layers of tax) that penalizes saving...
The Economic Damage of Wealth Taxation

Wealth Tax and Coronavirus

by | Apr 22, 2020 | Blogs, Economics, Taxation

The folks who don’t want to let a crisis go to waste have been very busy in the era of coronavirus, pushing an ever-expanding menu of bad ideas. Propping up high-tax states such as New York, Illinois, and California by restoring the tax code’s deduction for state and...