by Dan Mitchell | Apr 23, 2012 | Blogs, Capital Gains, Economics, Taxation
A good tax system (like the flat tax) does not impose extra layers of tax on income that is saved and invested. I’ve tried to emphasize this point with a flowchart, and I’ve defended so-called trickle-down economics, which is nothing more than the common-sense notion...
by Dan Mitchell | Apr 18, 2012 | Blogs, Economics, Laffer Curve, Taxation
I think high tax rates on certain classes of citizens are immoral and discriminatory. If the government is going to collect revenue, all taxpayers should be treated equally, with something akin to a simple flat tax. But most people don’t seem to care about having the...
by Dan Mitchell | Apr 16, 2012 | Blogs, Economics, Tax Competition, Taxation
Other than my experiment dealing with corporate taxation, the first video I narrated for the Center for Freedom and Prosperity dealt with the issue of tax competition. It was a deliberate choice because I view competition among governments as one of the few effective...
by Dan Mitchell | Apr 15, 2012 | Blogs, Economics, Free Market
Sweden has a very large and expensive welfare state, but it’s actually becoming a bit of a role model for economic reform. I’ve already commented on the country’s impressive school choice system and noted that the Swedes have partially privatized their Social Security...
by Dan Mitchell | Apr 10, 2012 | Blogs, Economics, Taxation
The Laffer Curve is a graphical representation of the relationship between tax rates, tax revenue, and taxable income. It is frequently cited by people who want to explain the common-sense notion that punitive tax rates may not generate much additional revenue if...
