by Dan Mitchell | Nov 14, 2012 | Blogs, Economics, Laffer Curve, Taxation
I’m a big believer in the Laffer Curve, which is the common-sense proposition that changes in tax rates don’t automatically mean proportional changes in tax revenue. This is because you also have to think about what happens to taxable income, which can move up or down...
by Dan Mitchell | Nov 12, 2012 | Blogs, Economics, Tax Competition, Tax Havens, Taxation
Since one of my main priorities is to defend tax competition and tax havens, I’m always delighted to see others jump in the fight to defend fiscal sovereignty. Especially when those people clearly understand that so-called tax havens are necessary to restrain the...
by Dan Mitchell | Nov 9, 2012 | Blogs, Economics, Tax Havens, Taxation
More than four years ago, as part of my efforts to promote and protect tax competition, fiscal sovereignty, and financial privacy, I narrated this video explaining the economic benefits of so-called tax havens. Pay close attention at the 1:07 mark. Yes, you heard...
by Dan Mitchell | Nov 4, 2012 | Big Government, Blogs, Economics, Regulations
Price controls are a spectacularly foolish idea, and that’s true whether they’re imposed by thugs such as Hugo Chavez in Venezuela or bureaucrats at the Department of Health and Human Services. That’s why one of the 20th Century’s economic heroes is Ludwig Erhard, who...
by Dan Mitchell | Nov 2, 2012 | Blogs, Economic Growth, Economics
In some sense, the President is fortunate. I predicted a long time ago that he would win re-election if the unemployment rate was under 8 percent. Well, the new numbers just came out and the joblessness rate is 7.9 percent. So even though his stimulus failed, and even...
