by Dan Mitchell | Feb 25, 2017 | Blogs, Economics, Laffer Curve, Taxation
For more than 30 years, I’ve been trying to educate my leftist friends about supply-side economics and the Laffer Curve. Why is it so hard for them to recognize, I endlessly wonder, that when you tax something, you get less of it? And why don’t they realize that when...
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...
