by Dan Mitchell | May 25, 2017 | Blogs, Economics, Tax Competition, Taxation
What’s the best argument for reducing the onerous 35 percent corporate tax rate in the United States? 1. Should the rate be lowered because it’s embarrassing that America has the highest corporate tax rate in the developed world, and perhaps the entire world? That’s...
by Dan Mitchell | May 8, 2017 | Blogs, Economics, Taxation
The tax system is bad news for professional sports, with plenty of anecdotal evidence showing that athletes (and even fans) get pillaged by government. Now we have some comprehensive academic research to augment the anecdotes. The Wall Street Journal opined today on a...
by Dan Mitchell | Apr 28, 2017 | Blogs, Economics
Back in March, I wrote a 50-day assessment on Trump’s presidency. I listed six questions and mostly concluded that there wasn’t enough information to give accurate answers. In other words, if Trump was a student, he would have received an “I” for incomplete. Now that...
by Dan Mitchell | Apr 6, 2017 | Blogs, Economics, Free Market
It appears that Venezuela is on the brink of collapse as it enters the fourth circle of statist hell. And the death of Cuba’s long-time dictator gives hope that the people of that island nation may soon escape communist tyranny. Moreover, one certainly hopes that the...
by Dan Mitchell | Mar 7, 2017 | Big Government, Blogs, Economics
While President Trump apparently intends to waste taxpayer money for more childcare subsidies and presumably is going to duck the critical issue of entitlement reform, there is some good news for advocates of limited government and fiscal responsibility....