by Dan Mitchell | Jul 29, 2022 | Big Government, Blogs, Government Spending, Taxation
The Congressional Budget Office has released its new long-run fiscal forecast. Like I did last year (and the year before, and the year before, etc), let’s look at some very worrisome data. We’ll start with projections over the next three...
by Dan Mitchell | Jul 24, 2022 | Blogs, Taxation
Adding to already voluminous research in the area (including studies from Australia, Canada, Germany, and the United Kingdom), I wrote yesterday about a new study showing that lower corporate tax rates produce more economic growth. Not that these results should be a...
by Dan Mitchell | Jul 23, 2022 | Blogs, Economics, Taxation
Here is the argument why corporate tax rates should be as low as possible. High corporate tax rates discourage investment.Less investment reduces worker productivity.Lower rates of productivity result in lower wages. In an ideal world, there would...
by Dan Mitchell | Jul 21, 2022 | Big Government, Blogs, Health Care, Welfare and Entitlements
If Joe Biden’s bungled economic policy is any indication, the GOP may wind up controlling Washington in the not-too-distant future. If so, I hope Republicans rekindle their interest in the kind of genuine entitlement reform discussed in this interview. But...
by Dan Mitchell | Jul 18, 2022 | Blogs, Economics, Taxation
I’ve written a few columns that explain tax principles, but this video from the Tax Foundation may be the best place to start if you have friends or colleagues who need to learn the basics. As part of the article that accompanies the video, the Tax...
