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The Laffer Curve, Tax Progressivity, and Government Revenue: What’s the Higher Priority for Leftists, Raising Revenue or Punishing Success?

by Dan Mitchell | Feb 27, 2015 | Blogs, Economics, Taxation

On the issue of so-called progressive taxation, our left-wing friends have conflicting goals. Some of them want to maximize tax revenue in order to finance ever-bigger government. But others are much more motivated by a desire to punish success. They want high tax...

The Empirical Case for a Much Smaller Public Sector

by Dan Mitchell | Feb 22, 2015 | Big Government, Blogs, Economics, Government Spending

As a fiscal policy economist who believes in individual liberty and personal responsibility, I have two goals. 1. Replace the corrupt and punitive internal revenue code with a simple and fair flat tax that raises necessary revenue in the least-destructive and...
The Outcome of the Fiscal Fight in Greece and Implications for Spain, Italy, Ireland, Portugal, France, Belgium, Etc

The Outcome of the Fiscal Fight in Greece and Implications for Spain, Italy, Ireland, Portugal, France, Belgium, Etc

by Dan Mitchell | Feb 18, 2015 | Bailouts, Big Government, Blogs, Economics, Government Spending

There’s a big fiscal battle happening in Europe. The relatively new Greek government is demanding continued handouts from the rest of Europe, but it wants to renege on at least some of the country’s prior commitments to improve economic performance by reducing the...

Two Big Fiscal Lessons from Colorado’s Pot Legalization

by Dan Mitchell | Feb 14, 2015 | Blogs, Economics, Laffer Curve, Taxation

Regular readers know that I don’t approve of drug use, but that I also favor legalization because the Drug War has been a costly and ineffective failure. (And it’s led to horrible policies such as intrusive money-laundering laws and Orwellian asset-forfeiture laws)....

Why “Dynamic Scoring” Is Far More Accurate Than “Static Scoring”

by Dan Mitchell | Feb 12, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation

I’ve written several times about the importance of appointing sensible people to head the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT). Heck, making reforms to these Capitol Hill bureaucracies is a basic competency test for Republicans....
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