by Dan Mitchell | Oct 13, 2022 | Blogs, States
What’s the reward for a governor who replaces a discriminatory and punitive system with a simple and fair flat tax, particularly in a year when many other states also are enacting better tax policy? The reward for Kim Reynolds of Iowa is the top...
by Dan Mitchell | Oct 6, 2022 | Big Government, Blogs, Economics, Government Spending
At the end of last month, I wrote about the growth-maximizing size of government, citing a study that estimated that the public sector in Sudan should not consume more than 11.17 percent of the nation’s economic output. I realize that very few people care...
by Dan Mitchell | Sep 30, 2022 | Big Government, Blogs, Economics, Government Spending
Most people have heard of the Laffer Curve, which shows that there is a non-linear relationship between tax rates and tax revenues (for instance, doubling tax rates won’t produce a doubling of tax revenue because people and businesses will have less...
by Dan Mitchell | Sep 28, 2022 | Blogs, Economics, Taxation
It is disappointing that the bureaucrats at the International Monetary Fund routinely advocate for higher taxes and bigger government in nations from all parts of the world (for examples,...
by Dan Mitchell | Sep 24, 2022 | Big Government, Blogs, Government Spending
I strongly supported Brexit in part because I wanted the United Kingdom to have both the leeway and the incentive to adopt pro-market policies. Imagine my disappointment, then, when subsequent Conservative Prime Ministers did nothing...