by Dan Mitchell | Jun 19, 2019 | Blogs, Taxation
The crown jewel of the 2017 tax plan was the lower corporate tax rate. I appeared on CNBC yesterday to debate that reform, squaring off against Jason Furman, who served as Chairman of Obama’s Council of Economic Advisers. Here are a couple of observations on our...
by Dan Mitchell | May 26, 2019 | Blogs, Economics, Taxation
Earlier today at the Friedman Conference in Australia, I spoke on the proper design of a tax system. My goal was to explain the problem of double taxation. I’ve repeatedly shared a flowchart to illustrate the pervasive double taxation in the current system (my example...
by Dan Mitchell | Apr 3, 2019 | Blogs, Capital Gains, Taxation
President Kennedy’s tax rate reductions were a big success. Sadly, very few modern Democrats share JFK’s zeal for pro-growth tax policy. Bernie Sanders wants a huge increase in the death tax. Elizabeth Warren wants a punitive wealth tax. Alexandria Ocasio-Cortez and...
by Dan Mitchell | Jan 3, 2019 | Blogs, Economics, Taxation
I despise the death tax. It should be abolished. My main objection is that it is immoral. If a person earns money, pays tax on the money, and then responsibly saves and invests the money (which generally requires paying another layer of tax), it is reprehensible that...
by Dan Mitchell | Oct 8, 2018 | Blogs, Taxation
I’ve advocated for some of the President’s policies, but I’ve never defended Donald Trump when he’s personally attacked. That’s partly because I’m a policy wonk rather than political pundit, but also because many of the attacks seem justified. Indeed, his boorish...
