by Dan Mitchell | Nov 11, 2015 | Big Government, Blogs, Europe, Government Spending
I’m not a big fan of the Paris-based Organization for Economic Cooperation and Development. That international bureaucracy is controlled by high-tax nations that want to export bad policy to the rest of the world. As such, the OECD frequently advocates policies that...
by Dan Mitchell | Nov 10, 2015 | Blogs, Economics, Taxation
I’m a big fan of the flat tax because a low tax rate and no double taxation will result in faster growth and more upward mobility. I also like the flat tax because it gets rid of all deductions, credits, exemptions, preferences, exclusions, and other distortions.And a...
by Dan Mitchell | Nov 7, 2015 | Blogs, Economics, Free Market
The communist economic system was a total disaster, but it wasn’t because of excessive taxation. Communist countries generally didn’t even have tax systems. The real problem was that communism was based on central planning, which is the notion that supposedly wise...
by Dan Mitchell | Nov 2, 2015 | Big Government, Blogs, Economics
I’ve already commented several times on the good and bad features of the Nordic Model, largely to correct the false narrative being advanced by Bernie Sanders (though I was writing on this issue well before the Vermont Senator decided to run for Chief Commissar...
by Dan Mitchell | Oct 31, 2015 | Blogs, Economics, Taxation
Last year, I wrote a column for the Wall Street Journal making the case that families would benefit more from lower tax rates rather than targeted tax credits. My argument was simple and straightforward. Child-based tax cuts are an effective way of giving targeted...
