by Dan Mitchell | Nov 2, 2014 | Blogs, Capital Gains, Taxation
According to the bean counters at Ernst and Young, the United States has one of the highest capital gains tax rates in the world. But if you don’t trust the numbers from a big accounting firm, then you can peruse a study from the pro-tax Organization for Economic...
by Dan Mitchell | Oct 30, 2014 | Big Government, Blogs, Government Spending, Taxation
Since I criticized Paul Ryan’s Roadmap budget plan yesterday as part of my column against the value-added tax, I now feel obliged to defend the proposal in one important respect. But first, some background. In a recent piece for the American Enterprise Institute,...
by Dan Mitchell | Oct 29, 2014 | Blogs
Libertarians are sometimes accused of being unrealistic and impractical because we occasionally talk about unconventional ideas such as competitive currencies and privatized roads. But having a vision of a free society doesn’t mean we’re incapable of...
by Dan Mitchell | Oct 19, 2014 | Big Government, Blogs, Government Spending
The International Monetary Fund isn’t my least-favorite international bureaucracy. That special honor belongs to the Organization for Economic Cooperation and Development, largely because of its efforts to undermine tax competition and protect the interests of the...
by Dan Mitchell | Oct 16, 2014 | Big Government, Blogs, Government Spending
Europe is in deep trouble. That’s an oversimplification, of course, since there are a handful of nations that seem to be moving in the right direction (or at least not moving rapidly in the wrong direction). But notwithstanding those exceptions, Europe in general...