Kentucky Adopts a Flat Tax

Kentucky Adopts a Flat Tax

The best policy for a state (assuming it wants growth and competitiveness) is to have no income tax. Along with a modest burden of government spending, of course. The next-best approach is for a state to have a flat tax. If nothing else, a flat tax inevitably will...

The Case for Tax Reform, Part II

I strongly applauded the tax reform plan that was enacted in December, especially the lower corporate tax rate and the limit on the deduction for state and local taxes. But I’m not satisfied. Our long-run goal should be fundamental tax reform. And that means replacing...

Can a Flat Tax Rescue Italy’s Economy?

To put it mildly, Italy’s economy is moribund. There’s been almost no growth for the entire 21st century. Bad government policy deserves much of the blame. According to Economic Freedom of the World, Italy is ranked only 54th, the worst score in Western Europe other...