by Dan Mitchell | May 28, 2014 | Blogs, Economics, Laffer Curve, Taxation
If you appreciate the common-sense notion of the Laffer Curve, you’re in for a treat. Today’s column will discuss the revelation that Francois Hollande’s class-warfare tax hikes have not raised nearly as much money as predicted. And after the recent evidence about the...
by Dan Mitchell | Feb 8, 2014 | Blogs, Economics, Laffer Curve, Taxation
My main goal for fiscal policy is shrinking the size and scope of the federal government and lowering the burden of government spending. But I’m also motivated by a desire for better tax policy, which means lower tax rates, less double taxation, and fewer corrupting...
by Dan Mitchell | Feb 4, 2014 | Blogs, Taxation
Why do statists support higher tax rates? The most obvious answer is greed. In other words, leftists want more tax money since they personally benefit when there’s a larger burden of government spending. And the greed can take many forms. They may want bigger...
by Dan Mitchell | Jan 2, 2014 | Blogs, Economics, Laffer Curve, Taxation
The business pages are reporting that Chrysler will be fully owned by Fiat after that Italian company buys up remaining shares. I don’t know what this means about the long-term viability of Chrysler, but we can say with great confidence that the company will be better...
by Dan Mitchell | Dec 8, 2013 | Blogs, Economics, Taxation
The title of this piece has an asterisk because, unfortunately, we’re not talking about progress on the Laffer Curve in the United States. Even Keynes himself accepted this. Like many other economists throughout the ages, he understood and agreed with the principles...