by Dan Mitchell | Sep 10, 2015 | Blogs, Education, Taxation
In my 2012 primer on fundamental tax reform, I highlighted the three biggest warts in the current system. 1. High tax rates that penalize productive behavior such as work and entrepreneurship. 2. Pervasive double taxation that undermines saving and investment. 3....
by Dan Mitchell | Jul 23, 2015 | Blogs, Economics, Tax Competition, Taxation
I’m very fond of Estonia, and not just because of the scenery. Back in the early 1990s, it was the first post-communist nation to adopt a flat tax. More recently, it showed that genuine spending cuts were the right way to respond to the 2008 crisis (notwithstanding...
by Dan Mitchell | Jun 19, 2015 | Blogs, Economics, Taxation, VAT
Our nation very much needs fundamental tax reform, so it’s welcome news that major public figures – including presidential candidates – are proposing to gut the internal revenue code and replace it with plans that collect revenue in less-destructive ways. A few months...
by Dan Mitchell | May 21, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
The American Enterprise Institute has published a comprehensive budgetary plan entitled, “Tax and spending reform for fiscal stability and economic growth.” Authored by Joseph Antos, Andrew G. Biggs, Alex Brill, and Alan D. Viard, all of whom I know and admire, this...
by Dan Mitchell | May 20, 2015 | Blogs, Economics, Flat Tax, Taxation
In my ultimate fantasy world, Washington wouldn’t need any sort of broad-based tax because we succeeded in shrinking the federal government back to the very limited size and scope envisioned by our Founding Fathers. In my more realistic fantasy world, we might not be...
