by Dan Mitchell | Oct 2, 2010 | Big Government, Blogs, Government Spending, Taxation
Eli Lehrer has an article on the FrumForum entitled “Five Revenue Raisers the GOP Should Back.” He argues it would be good to get rid of preferences such as the state and local tax deduction and the mortgage interest deduction, and he also asserts that there should be...
by Dan Mitchell | Sep 29, 2010 | Big Government, Blogs, Taxation
I’m not a big fan of multi-guest panels, but I think this interview went well.
by Dan Mitchell | Sep 27, 2010 | Big Government, Blogs, Flat Tax, Taxation, VAT
There’s a wise old saying about “don’t bite the hand that feeds you.” But perhaps we need a new saying along the lines of “don’t subsidize the foot that kicks you.” Here’s a good example: American taxpayers finance the biggest share of the budget for the Organization...
by Dan Mitchell | Sep 25, 2010 | Big Government, Blogs, Taxation
Warren Buffett once said that it wasn’t right for his secretary to have a higher tax rate than he faced, leading me to point out that he didn’t understand tax policy. The 15 percent tax rates on dividends and capital gains to which he presumably was referring...
by Dan Mitchell | Sep 25, 2010 | Big Government, Blogs, Economics, Taxation
I’m dumbfounded and amazed. When Democrats and Republicans have a game of chicken, the GOP blinks 99 percent of the time. And I thought for sure this was going to happen in the fight about whether to extend all the 2001 and 2003 tax cuts (the GOP position), or whether...