by Dan Mitchell | Feb 6, 2011 | Blogs, Taxation
The Wall Street Journal uses the clash between the Steelers and Packers as an opportunity to make a much-need point about taxes. Because of Pennsylvania’s flat tax, Ben Roethlisberger keeps a greater percentage of his salary than Aaron Rodgers, who gets raped by...
by Dan Mitchell | Jan 26, 2011 | Blogs, Economics
I write about the Laffer Curve so often that I’m surprised people don’t run away screaming. But I’ll continue to be a pest because I want people to understand that you can’t just look at changes in tax rates when predicting changes in tax revenue. You also have to...
by Dan Mitchell | Jan 17, 2011 | Blogs, Crime, Free Market, Society
Alex Tabarrok has a fascinating article in the Wilson Quarterly about the history of bail bondsmen and their role in this privatized segment of the criminal justice system. Let’s start by excerpting some history of the system. Bail began in medieval England as a...
by Dan Mitchell | Dec 19, 2010 | Blogs, Economics
I don’t now why I bothered spending all that time perusing the writings of Paul Krugman and Larry Summers in order to produce my previous blog post when this Michael Ramirez cartoon makes the same point in a much simpler way.
by Dan Mitchell | Dec 19, 2010 | Big Government, Blogs, Economics, Welfare and Entitlements
The two main political parties are sniping at each other about the just-concluded tax deal, largely because Republicans are happy and Democrats are displeased that all of the 2001/2003 tax cuts are being extended for all taxpayers. Almost nobody is paying attention to...