by Dan Mitchell | Nov 5, 2016 | Blogs, Economics, Laffer Curve, Taxation
I know exactly how Ronald Reagan must have felt back in 1980 when he famously said “There you go again” to Jimmy Carter during their debate. That’s because I endlessly have to deal with critics who try to undercut the Laffer Curve by claiming that it’s based on the...
by Dan Mitchell | Aug 30, 2016 | Blogs, Economics, Supply Side, Taxation
Our statist friends like high taxes for many reasons. They want to finance bigger government, and they also seem to resent successful people, so high tax rates are a win-win policy from their perspective. They also like high tax rates to micromanage people’s behavior....
by Dan Mitchell | Jul 6, 2016 | Blogs, Economics, Laffer Curve
Over the years, I’ve run into oddball stories about what happens when politicians and bureaucrats get involved with matters relating to sex. California bureaucrats are regulating participants in porn films, ashumorously described by Mark Steyn. The World Bank is...
by Dan Mitchell | Feb 20, 2016 | Blogs, Economics, Laffer Curve, Tax Competition, Taxation
Greece is special, though not in a good way. The nation has such a pro-welfare mentality that pedophiles get disability benefits. And the regulatory mindset is so nutty that you need to submit a stool sample if you want to create an online company. While those are...
by Dan Mitchell | Dec 21, 2015 | Blogs, Economics, Laffer Curve
Based on my writings, some people may think I’m 100 percent against higher taxes. But that’s not exactly true. In some cases, I like punitive taxation. Or, to be more precise, I sometimes take pleasure when punitive tax policy backfires on bad people. Here’s an...