by Dan Mitchell | Jan 19, 2019 | Blogs, Economics, Tax Competition, Taxation
Like most taxpayer-supported international bureaucracies, the Organization for Economic Cooperation and Development (OECD) has a statist orientation. The Paris-based OECD is particularly bad on fiscal policy and it is infamous for its efforts to prop up Europe’s...
by Dan Mitchell | Jan 17, 2019 | Economics, Trade
I’m for free trade because I want more jobs and more prosperity for the United States. Indeed, I’ve argued we should copy that incredible economic success of Hong Kong and Singapore by unilaterally eliminating all trade barriers. But some people complain this is akin...
by Dan Mitchell | Jan 15, 2019 | Uncategorized
How many times can you say the same thing over and over and over again? When it comes to the minimum wage, we may never know the answer. No matter how often new research is produced showing that low-skilled workers are hurt when politicians cut off the bottom rungs of...
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...