by Dan Mitchell | Jul 2, 2021 | Economics, Supply Side, Taxation
Almost everybody (even, apparently, Paul Krugman) agrees that you don’t want to be on the downward-sloping part of the Laffer Curve. That’s where higher tax rates do so much economic damage that government collects even less revenue. But I would argue...
by Dan Mitchell | Jun 29, 2021 | Blogs, Tax Competition, Taxation
The best referendum result of 2020 (indeed, the best policy development of the year) was when the people of Illinois voted to preserve their flat tax, thus delivering a crushing defeat to the Prairie State’s hypocritical governor, J.B....
by Dan Mitchell | Jun 28, 2021 | Blogs, Economics, Taxation
I’ve been arguing against Biden’s proposed increase in business taxation by pointing out that higher corporate taxes will be bad news for workers, consumers, and shareholders. Everyone agrees that shareholders get hurt. After all, they’re the...
by Dan Mitchell | Jun 19, 2021 | Big Government, Blogs, Economics, Government Spending
Back in 2009 and 2010, when I had less gray hair, I narrated a four-part series on the economic burden of government spending. Here’s Part II, which discusses the theoretical reasons why big government reduces prosperity. I provide eight examples to...
by Dan Mitchell | Jun 4, 2021 | Big Government, Blogs, Government Spending, Taxation
While Paul Krugman sometimes misuses and misinterprets numbers for ideological reasons (see his errors regarding the United States, France, Canada, the United States, Estonia, Germany, the United States, and the United Kingdom),...