by Dan Mitchell | Feb 7, 2018 | Blogs, Economics
On the one-year anniversary of his inauguration, I graded Trump’s overall record on economic policy and specifically observed that his trade rhetoric was worse than his trade policy. But I added a caveat about the North American Free Trade Agreement. …he’s been doing...
by Dan Mitchell | Jan 29, 2018 | Blogs, Economics, Taxation
Judged by the amount of attention various provisions produced, last year’s fight over tax reform was about reducing the corporate tax rate and limiting the deduction for state and local taxes. But there were many other important changes, including a a big increase in...
by Dan Mitchell | Jan 28, 2018 | Blogs, Economics
The good news is that President Trump wants to boost economic growth, which is a laudable goal after the economy’s sub-par performance during the Obama years. The bad news is that he may sabotage his good reforms of tax policy and regulation with protectionism. In a...
by Dan Mitchell | Jan 25, 2018 | Blogs, Economics
I’ve just finished up a week of lectures and meetings in India. It was an interesting trip, but not an encouraging trip. My first observation is that Indians are enormously successful when they emigrate to the United States. And they also do very well when they...
by Dan Mitchell | Jan 24, 2018 | Blogs, Economics, Taxation
Last November, I wrote about the lessons we should learn from tax policy in the 1950s and concluded that very high tax rates impose a very high price. About six months before that, I shared lessons about tax policy in the 1980s and pointed out that Reaganomics was a...
