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...
by Dan Mitchell | Dec 15, 2015 | Blogs, Taxation
If you owned a restaurant and wanted to generate more income and boost your bottom line, would you double your prices thinking that this would double your revenue? Of course not. You would understand that a lot of your patrons would simply dine elsewhere. And if they...
by Dan Mitchell | Nov 16, 2015 | Big Government, Blogs, Economics, Government Spending, Supply Side, Taxation
Since I’m a big fan of the Laffer Curve, I’m always interested in real-world examples showing good results when governments reduce marginal tax rates on productive activity. Heck, I’m equally interested in real-world results when governments do the wrong thing and...