by Dan Mitchell | Nov 23, 2015 | Blogs, Economics, Taxation
Here we go again. The politicians in Washington are whining and complaining that “evil” and “greedy” corporations are bring traitors by engaging in corporate inversions so they can leave America. The issue is very simple. The United States has a very unfriendly and...
by Dan Mitchell | Nov 21, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation, VAT
In early 2013, a reader asked me the best place to go if America suffered a Greek-style economic collapse. I suggested Australia might be the best option, even if I would be too stubborn to take my own advice. Perhaps because of an irrational form of patriotism, I’m...
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 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...
