by Dan Mitchell | Apr 21, 2012 | Blogs, Economics, Laffer Curve, Tax Competition, Taxation
I’ve done a couple of posts comparing Reaganomics and Obamanomics, mostly based on data from the Minneapolis Federal Reserve on employment and economic output. I even did a TV interview on the subject, which generated some comments on my taste in clothing, and also...
by Dan Mitchell | Apr 18, 2012 | Blogs, Economics, Laffer Curve, Taxation
I think high tax rates on certain classes of citizens are immoral and discriminatory. If the government is going to collect revenue, all taxpayers should be treated equally, with something akin to a simple flat tax. But most people don’t seem to care about having the...
by Dan Mitchell | Apr 10, 2012 | Blogs, Economics, Taxation
The Laffer Curve is a graphical representation of the relationship between tax rates, tax revenue, and taxable income. It is frequently cited by people who want to explain the common-sense notion that punitive tax rates may not generate much additional revenue if...
by Dan Mitchell | Feb 27, 2012 | Blogs, Economics, Laffer Curve, Taxation
I speculated last year that the political elite finally might be realizing that higher tax rates are not the solution to Greece’s fiscal situation. Simply stated, you can only squeeze so much blood out of a stone, and pushing tax rates higher cripples growth and...
by Dan Mitchell | Feb 17, 2012 | Blogs, Economics, Laffer Curve
Even though there is a wealth of evidence for the Laffer Curve, statists and other big-government advocates routinely claim that incentives don’t matter. So I wonder how they’ll react to this new research showing that incentives have an impact on sexual choices. Here...
