by Dan Mitchell | Nov 14, 2018 | Blogs, Taxation
The most disturbing outcome of the recent mid-term election isn’t that Alexandria Ocasio-Cortez will be a Member of Congress. I actually look forward to that because of the humor value. Instead, with the Democrats now controlling the House of Representatives, I’m more...
by Dan Mitchell | Nov 4, 2018 | Blogs, Economics, Taxation
There are three reasons why the right kind of tax reform can help the economy grow faster. Lower tax rates give people more incentive to earn income. Less double taxation boosts incentives to save and invest. Fewer loopholes improves incentives for economic...
by Dan Mitchell | Nov 2, 2018 | Blogs, Taxation
President Trump thinks he can boost Republicans next Tuesday by promising a new round of tax relief for the middle class. I’m skeptical of his sincerity, as noted in this segment from a recent interview, but I also warn that his proposed tax cut is impractical because...
by Dan Mitchell | Nov 1, 2018 | Blogs, Economics, Keynesian
I wrote in 2010 that Keynesian economics is like the Freddy Krueger movies. It refuses to die despite powerful evidence that you don’t help an economy by increasing the burden of government. In 2014, I wrote the theory was based on “fairy dust.” And in 2015, I said...
by Dan Mitchell | Oct 28, 2018 | Blogs, Economics, Supply Side, Taxation
I’ve written about how taxes have a big impact on soccer (a quaint game with little or no scoring that Europeans play with their feet). Taxes affect both the decisions of players and the success of teams. Grasping and greedy governments also have an impact on...