by Dan Mitchell | Feb 7, 2017 | Big Government, Blogs, Government Spending, Taxation
I’ve put forth lots of arguments against tax increases, mostly focusing on why higher tax rates will depress growth and encourage more government spending. Today, let’s look at a practical, real-world example. I wrote a column for The Hill looking at why Greece...
by Dan Mitchell | Jan 31, 2017 | Blogs, Taxation
In one of my periodic attempts to create themes for these columns, I developed a “fiscal fights with friends” category. Part I was a response to Riehan Salam’s well-meaning critique of the flat tax. Part II was a response to a good-but-timid fiscal plan from folks at...
by Dan Mitchell | Jan 14, 2017 | Blogs, Economics, Supply Side, Taxation
I don’t like tax increases, but I like having additional evidence that higher tax rates change behavior. So when my leftist friends “win” by imposing tax hikes, I try to make lemonade out of lemons by pointing out “supply-side” effects. Such as the big drop in soda...
by Dan Mitchell | Dec 7, 2016 | Blogs, Economics, Taxation
Can you identify the nation with the world’s 7th-friendliest tax system according to the Index of Economic Freedom? Don’t know the answer? Well, here’s a hint. If you don’t count Middle Eastern nations that finance their governments with oil money, this is the nation...
by Dan Mitchell | Dec 5, 2016 | Blogs, Taxation
I wrote a rather favorable column a few days ago about a new study from economists at the Organization for Economic Cooperation and Development. Their research showed how larger levels of government spending are associated with weaker economic performance, and the...