by Dan Mitchell | Sep 12, 2018 | Blogs, Economics, Taxation
If the goal is higher living standards, then higher levels of productivity are necessary. And that requires entrepreneurship and innovation. But bad tax policy can be an obstacle to the economic choices that create a better future. I’ve already shared lots of...
by Dan Mitchell | Sep 7, 2018 | Big Government, Blogs, Government Spending
Way back in early 2011, I wrote about the likelihood of various nations suffering a Greek-style meltdown. After speculating on the importance of debt burdens and interest payments, I concluded that …which nation will be the next domino to fall? …Some people think...
by Dan Mitchell | Aug 12, 2018 | Blogs, Tax Competition, Taxation
Two months ago, I shared some data on private gun ownership in the United States and declared that those numbers generated “The Most Enjoyable Graph of 2018.” Now I have something even better because it confirms my hypothesis about tax competition being the most...
by Dan Mitchell | Aug 11, 2018 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
I’ve been writing about the Laffer Curve for decades, making the simple point that there’s not a linear relationship between tax rates and tax revenue. To help people understand, I ask them to imagine that they owned a restaurant and decided to double prices. Would...
by Dan Mitchell | Jul 31, 2018 | Blogs, Economics, Supply Side, Taxation
In the past few years, I’ve bolstered the case for lower tax rates by citing country-specific research from Italy, Australia, Germany, Sweden, Israel, Portugal, South Africa, the United States, Denmark, Russia, France, and the United Kingdom. Now let’s look to the...