by Dan Mitchell | Sep 18, 2013 | Big Government, Blogs, Government Spending, Taxation
We have an amazing man-bites-dog story today. Let’s begin with some background information. A member of the European Commission recently warned that: “Tax increases imposed by the Socialist-led government in France have reached a “fatal level”…[and] that a series of...
by Dan Mitchell | Sep 4, 2013 | Blogs, Economics, Laffer Curve, Tax Competition, Taxation
I recently speculated whether Detroit’s fiscal problems should be a warning sign for the crowd in Washington. The answer, of course, is yes, though it’s not a perfect analogy. The federal government is in deep trouble because of unsustainable entitlement programs...
by Dan Mitchell | Aug 27, 2013 | Blogs, Europe, Taxation
I’m not a big fan of the European Commission. For those not familiar with this entity, it’s sort of the European version of the executive-branch bureaucracy we have in Washington. And like their counterparts in Washington, the Brussels-based bureaucracy enjoys a very...
by Dan Mitchell | Aug 19, 2013 | Blogs, Economics, Laffer Curve, Taxation
As regular readers know, one of my great challenges in life is trying to educate policy makers about the Laffer Curve, which is simply a way of illustrating that government won’t collect any revenue if tax rates are zero, but also won’t collect much revenue if tax...
by Dan Mitchell | Aug 13, 2013 | Blogs, Economics, Tax Competition, Taxation
It’s probably not an exaggeration to say that the United States has the world’s worst corporate tax system. We definitely have the highest corporate tax rate in the developed world, and we may have the highest corporate tax rate in the entire world depending on how...
