by Dan Mitchell | Apr 2, 2013 | Big Government, Blogs, Economics, Government Spending, Laffer Curve, Taxation
Back in 2010, I wrote a post entitled “What’s the Ideal Point on the Laffer Curve?“ Except I didn’t answer my own question. I simply pointed out that revenue maximization was not the ideal outcome. I explained that policy makers instead should seek to maximize...
by Dan Mitchell | Mar 29, 2013 | Blogs, Taxation
If asked to name my least-favorite international bureaucracy, the easy answer would be the Organization for Economic Cooperation and Development. After all, it was only a few days ago that I outlined different ways that the Paris-based bureaucracy is seeking to expand...
by Dan Mitchell | Mar 28, 2013 | Blogs, Economics, Laffer Curve, Taxation
If I live to be 100 years old, I suspect I’ll still be futilely trying to educate politicians that there’s not a simplistic linear relationship between tax rates and tax revenue. You can’t double tax rates, for instance, and expect to double tax revenue. Simply...
by Dan Mitchell | Mar 25, 2013 | Blogs, Economics, Tax Competition, Tax Harmonization, Tax Havens, Taxation
I’ve been very critical of the Organization for Economic Cooperation and Development. Most recently, I criticized the Paris-based bureaucracy for making the rather remarkable assertion that a value-added tax would boost growth and employment. But that’s just the tip...
by Dan Mitchell | Mar 22, 2013 | Big Government, Blogs, Economics, Government Spending, Taxation
I’m a sucker for a good flowchart because they either can help to simplify analysis or they can show how something is very complex. Some of my favorites include: This explanation of double taxation. This depiction of the no-win Greek economic crisis. Portrayals of...
