by Dan Mitchell | Jan 13, 2019 | Blogs, Economics, Taxation
There were several good features of the 2017 tax bill, including limitations on the state and local tax deduction. But the 21 percent corporate tax rate was the unquestioned crown jewel of the Tax Cut and Jobs Act. The U.S. system had become extremely...
by Dan Mitchell | Jan 12, 2019 | Blogs, Economics
When I give speeches on the importance of public policy, I frequently share data showing that pro-market nations are relatively prosperous when compared to countries with statist policies. One of the most dramatic examples is South Korean prosperity versus North...
by Dan Mitchell | Jan 11, 2019 | Blogs, Economics
Today is my last day in Chile, so today’s column will build upon what I wrote last week. I have three charts that illustrate how Chile’s pro-market reforms have been great news – especially for poor people (or, to be more accurate, for Chileans who used to be poor)....
by Dan Mitchell | Jan 8, 2019 | Blogs, Taxation
I wrote yesterday about a handful of strange legal developments in Canada. In a display of balance, however, I noted in my conclusion that Canada in recent decades has been “very sensible” with regard to economic issues (spending restraint, welfare reform, corporate...
by Dan Mitchell | Jan 5, 2019 | Blogs, Economics, Free Market
I’m currently in Chile, enjoying the warm sun and doing research on the nation’s impressive economic performance. I met yesterday with Jose Pinera, the former minister who created Chile’s incredibly successful system of personal retirement accounts (he’s also one of...
