by Dan Mitchell | Apr 14, 2012 | Blogs, Capital Gains, Taxation
The silly debate about the “Buffett Rule” is really an argument about the extent to which there should be more double taxation of income that is saved and invested. Politicians conveniently forget that dividends and capital gains get hit by the corporate income tax....
by Dan Mitchell | Apr 10, 2012 | Blogs, Economics, Taxation
The Laffer Curve is a graphical representation of the relationship between tax rates, tax revenue, and taxable income. It is frequently cited by people who want to explain the common-sense notion that punitive tax rates may not generate much additional revenue if...
by Dan Mitchell | Apr 9, 2012 | Big Government, Blogs, Government Spending, Taxation
Many people think that my opposition to tax increases is ideological, but they’re wrong. If someone told me that I magically had the power to flick a switch and give the country a flat tax, but that simple and fair tax system would only be possible if the rate was set...
by Dan Mitchell | Apr 4, 2012 | Big Government, Blogs, Government Spending
Actually, Bill Clinton must be something even worse than a social Darwinist. That’s because the title of this post is wrong. Obama said that Paul Ryan’s plan (which allows spending to grow by an average of 3.1 percent per year over the next decade) is a form of...
by Dan Mitchell | Apr 1, 2012 | Blogs, Tax Competition, Taxation
Last year, I expressed skepticism that the White House was serious about reducing the corporate tax rate. And, sure enough, when the Obama Administration produced a plan earlier this year, it was a disappointing mix of a few good provisions and several unpalatable...
