by Dan Mitchell | Nov 20, 2015 | Blogs, Economics, Taxation
Federalism is great for many reasons. When you have dozens of states with the freedom to choose different policies, you get lots of innovation and diversity, which helps identify policies that work. You also can minimize the cost of mistakes. When a policy error...
by Dan Mitchell | Nov 19, 2015 | Blogs, Economics, Laffer Curve, Taxation
Whatever happened to Elizabeth Warren? A couple of years ago, she was the pin-up girl for the crazy left thanks to fatuous statements about “you didn’t build that.” But now she’s faded into the background and other politicians are getting more attention for their...
by Dan Mitchell | Nov 17, 2015 | Blogs, Economics
We’ve been suffering through the weakest recovery since the Great Depression. Labor force participation hasn’t recovered and median household income is stagnant. So how are our benevolent and kind overseers in Washington responding? Are they reducing the burden of...
by Dan Mitchell | Nov 16, 2015 | Big Government, Blogs, Economics, Government Spending, Supply Side, Taxation
Since I’m a big fan of the Laffer Curve, I’m always interested in real-world examples showing good results when governments reduce marginal tax rates on productive activity. Heck, I’m equally interested in real-world results when governments do the wrong thing and...
by Dan Mitchell | Nov 15, 2015 | Blogs, Economics, Taxation
During last night’s Democratic debate, Senator Bernie Sanders said he would not raise tax rates as high as they were in the 1950s. And if Twitter data is accurate, his comment about being “not that much of a socialist compared to [President] Eisenhower” was one of the...
