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The Tradeoff Between Tax Progressivity and Economic Output

The Tradeoff Between Tax Progressivity and Economic Output

by Dan Mitchell | Jul 2, 2021 | Economics, Supply Side, Taxation

Almost everybody (even, apparently, Paul Krugman) agrees that you don’t want to be on the downward-sloping part of the Laffer Curve. That’s where higher tax rates do so much economic damage that government collects even less revenue. But I would argue...
Paul Krugman Admits Big Government Means Huge Tax Increases for Ordinary Americans

Paul Krugman Admits Big Government Means Huge Tax Increases for Ordinary Americans

by Dan Mitchell | Jun 4, 2021 | Big Government, Blogs, Government Spending, Taxation

While Paul Krugman sometimes misuses and misinterprets numbers for ideological reasons (see his errors regarding the United States, France, Canada, the United States, Estonia, Germany, the United States, and the United Kingdom),...
Biden’s Class-Warfare Agenda Is Bad News According to Academic Research on Taxes and Growth

Biden’s Class-Warfare Agenda Is Bad News According to Academic Research on Taxes and Growth

by Dan Mitchell | May 27, 2021 | Blogs, Economics, Taxation

Back in 2013, the Tax Foundation published a report that reviewed 26 academic studies on taxes and growth. That scholarly research produced a very clear message: The overwhelming consensus was that higher tax rates were bad news for prosperity,...
Biden’s Tax Plan Contains a Poison Pill for American Firms that Compete in Global Markets

Biden’s Tax Plan Contains a Poison Pill for American Firms that Compete in Global Markets

by Dan Mitchell | May 24, 2021 | Blogs, Tax Competition, Tax Harmonization, Taxation

As explained here, here, here, and here, I don’t like Biden’s class-warfare tax policy. I’m especially concerned about his approach to business taxation. He wants to penalize American-based companies with the highest corporate...
The CRFB Fiscal Quiz

The CRFB Fiscal Quiz

by Dan Mitchell | May 22, 2021 | Big Government, Blogs, Government Spending, Taxation

I’ve shared all sorts of online quizzes that supposedly can detect things such as whether you’re a pure libertarian. Or even whether you’re a communist. Today, courtesy of the folks at the Committee for a Responsible Budget, you can agree or...
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