by Dan Mitchell | Nov 10, 2017 | Blogs, Economics, Laffer Curve, Taxation
Since there’s a big debate about whether there should be tax cuts and tax reform in the United States, let’s see what we can learn from abroad. And let’s focus specifically on whether changes in tax policy actually produce “revenue feedback” because of the Laffer...
by Dan Mitchell | Oct 17, 2017 | Blogs, Economics, Laffer Curve
I gave a couple of speeches about fiscal policy in Australia late last week. During the Q&A sessions (as so often happens when I speak overseas), the audiences mostly asked questions about Donald Trump. I generally give a three-part response. I tell them I was...
by Dan Mitchell | Oct 1, 2017 | Blogs, Economics, Laffer Curve, Taxation
For months, I’ve been arguing that the big reduction in the corporate tax rate is the most important part of Trump’s tax agenda. But not because of politics or anything like that. Instead, my goal is to enable additional growth by shifting to a system that doesn’t do...
by Dan Mitchell | Sep 21, 2017 | Blogs, Taxation
Earlier this year, I pointed out that Trump and Republicans could learn a valuable lesson from Maine Governor Paul LePage on how to win a government shutdown. Today, let’s look at a lesson from North Carolina on how to design and implement pro-growth tax policy. In...
by Dan Mitchell | Jul 15, 2017 | Blogs, Tax Competition, Taxation
As a general rule, the International Monetary Fund is a statist organization. Which shouldn’t be too surprising since its key “shareholders” are the world’s major governments. And when you realize who controls the purse strings, it’s no surprise to learn that the...