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One Simple Reason (and Two Easy Steps) to Show Why Obama’s Soak-the-Rich Tax Hikes Won’t Work

by Dan Mitchell | Sep 20, 2011 | Blogs, Economics, Laffer Curve, Taxation

It’s hard to keep track of all the tax hikes that President Obama is proposing, but it’s very simple to recognize his main target – the evil, nasty, awful people known as the rich. Or, as Obama identifies them, the “millionaires and billionaires” who happen to have...

Governor Jon Huntsman, Tax Reform, and Sloppy (Biased?) Coverage from the New York Times

by Dan Mitchell | Sep 2, 2011 | Blogs, Taxation

I haven’t said much about the 2012 election, largely because this blog tries to avoid politics and instead focuses on how public policy can promote or (all too often) restrict liberty. But every so often, I feel compelled to pontificate – usually because someone is...
The IMF: An Equal-Opportunity Purveyor of Bad Advice

The IMF: An Equal-Opportunity Purveyor of Bad Advice

by Dan Mitchell | Jun 24, 2011 | Big Government, Blogs, Taxation

As a general rule, the bureaucrats at the International Monetary Fund are not awful people or fire-breathing leftists. But they are voices for the establishment. And, at the upper levels, IMF staff seem overly solicitous of the views of the big nations, which means...

A Very Depressing Picture of Tax Complexity and Political Corruption

by Dan Mitchell | May 23, 2011 | Big Government, Blogs, Economics, Flat Tax, Taxation

Read it and weep. Or maybe I should say look at it and weep. I suppose this is a good time to recycle my flat tax video. I don’t mention this in the video, but Hong Kong’s flat tax system, which has been around for more than 60 years, requires less than 200 pages....

White House to Propose 26 Percent Corporate Tax Rate?!? Look Before You Leap

by Dan Mitchell | Apr 25, 2011 | Blogs, Economics, Taxation

According to an article in the New York Times, the Obama Administration is seriously examining a proposal to reduce America’s anti-competitive 35 percent corporate tax rate. The Obama administration is preparing to inject an unpredictable new variable into its...
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