by Dan Mitchell | Feb 5, 2024 | Blogs, Taxation
I explained the benefits of a flat tax in a video 14 years ago. And I’ve since shared two videos (here and here) of Steve Forbes arguing for a flat tax. If those are not enough, here’s a recent presentation I made about tax reform for...
by Dan Mitchell | Jan 30, 2024 | Blogs, Taxation, VAT
I wrote 10 days ago about why a value-added tax would be a mistake for the United States. To help reinforce that argument, here’s a new map from the Tax Foundation showing VAT rates on the other side of the Atlantic Ocean. With a few exceptions...
by Dan Mitchell | Jan 25, 2024 | Big Government, Blogs, Government Spending
The ideal fiscal policy is a spending cap and the specific design is not terribly important so long as the net effect is to have government spending grow slower than the private sector. Switzerland’s Debt Brake complies with this requirement....
by Dan Mitchell | Jan 23, 2024 | Big Government, Blogs, Economics, Government Spending, Taxation
The Laffer Curve is the common-sense notion that there is not a simplistic mechanical relationship between tax rates and tax revenue. You also have to consider potential changes to what’s being taxed. I’ve cited interesting case studies...
by Dan Mitchell | Jan 21, 2024 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I periodically explain why and how to fix entitlements. Here’s my latest attempt, as part of a conversation with David McIntosh of the Club for Growth. A few months ago, I shared some alarming CBO data about the ever-growing burden...
