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Politicians in Washington Should Learn from Successful Tax Reform in North Carolina

Politicians in Washington Should Learn from Successful Tax Reform in North Carolina

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...
The International Monetary Fund Accidentally Provides Strong Evidence for the Laffer Curve

The International Monetary Fund Accidentally Provides Strong Evidence for the Laffer Curve

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...
Winning Converts for Supply-Side Economics and the Laffer Curve, One City at a Time

Winning Converts for Supply-Side Economics and the Laffer Curve, One City at a Time

by Dan Mitchell | Jul 14, 2017 | Blogs, Economics

Supply-side economics is simply the common-sense notion that people respond to incentives, though some folks think this elementary observation is “voodoo economics” or “trickle-down economics.” If you want a wonkish definition of supply-side economics, it is the...
Trump Should Learn from Maine’s Governor on How to Win a Government Shutdown Fight

Trump Should Learn from Maine’s Governor on How to Win a Government Shutdown Fight

by Dan Mitchell | Jul 7, 2017 | Blogs, Economics, Laffer Curve, States, Taxation

Back at the end of April, President Trump got rolled in his first big budget negotiation with Congress. The deal, which provided funding for the remainder of the 2017 fiscal year, was correctly perceived as a victory for Democrats. How could this happen, given that...
Paging Fox Butterfield: Another Jurisdiction Gets a Painful Lesson about the High Price of High Tax Rates

Paging Fox Butterfield: Another Jurisdiction Gets a Painful Lesson about the High Price of High Tax Rates

by Dan Mitchell | Jun 9, 2017 | Blogs, Economics, Laffer Curve, Taxation

Since I’m a fiscal wonk, it’s sometimes tempting to overstate the importance of good tax policy. So I’m always reminding myself that all sorts of other factors matter for a jurisdiction’s competitiveness and success, including regulation and government effectiveness...
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