by Dan Mitchell | Mar 17, 2013 | Blogs, Economics, Laffer Curve, Taxation
Regular readers know that I’m a big advocate of the Laffer Curve, which is the common-sense notion that higher tax rates will cause people to change their behavior in ways that reduce taxable income. But that doesn’t mean “all tax cuts pay for themselves.” Yes, that...
by Dan Mitchell | Mar 15, 2013 | Blogs, Economics
I wrote about the Ryan budget two days ago, praising it for complying with Mitchell’s Golden Rule and reforming Medicare and Medicaid. But I believe in being honest and nonpartisan, so I also groused that it wasn’t as good as the 2011 and 2012 versions. Now it’s time...
by Dan Mitchell | Mar 13, 2013 | Big Government, Blogs, Economics, Government Spending
Sigh. Even when they’re sort of doing the right thing, Republicans are incapable of using the right argument. Paul Ryan, Chairman of the House Budget Committee, has unveiled his proposed budget and he and other Republicans are bragging that the plan will balance the...
by Dan Mitchell | Feb 22, 2013 | Blogs, Economics, Taxation
I’m a proponent of a pro-growth and non-corrupt tax code. I mostly write and talk about the flat tax, though I’d be happy to instead accept a national sales tax if we could somehow get rid of the 16th Amendment and replace it with something so ironclad that even...
by Dan Mitchell | Feb 9, 2013 | Big Government, Blogs, Economics
When speaking about the difference between the private sector and the government, I sometimes emphasize that mistakes and errors are inevitable, and that the propensity to screw up may be just as prevalent in the private sector as it is in the public sector. I...
