by Dan Mitchell | Oct 8, 2025 | Blogs, Economics, Supply Side, Taxation
Part I of this series looked at how the capital gains tax discourages old people from selling their homes. Part II of this series looked at how a so-called luxury tax was distorting the vehicle market in Australia. For our third installment in the...
by Dan Mitchell | Aug 19, 2025 | Big Government, Blogs, Europe, Taxation
I’ve written before how ordinary workers are basically tax slaves in Europe. Today, let’s look at new evidence about the absurd extent of taxation in Europe. Here’s a chart shared by Michael Arouet, showing how much it costs a...
by Dan Mitchell | Dec 17, 2024 | Blogs, Economics, Supply Side, Taxation
Some people say the Laffer Curve is the economic version of Goldilocks. But instead of being a story about whether the porridge is too hot, too cold, or just right, it’s a story about whether tax rates are too high, too low, or just right. But I’ve never...
by Dan Mitchell | Oct 9, 2024 | Blogs, Economics, Supply Side, Taxation
Some folks on the left say the Laffer Curve is a fantasy concocted by economic charlatans. Some folks on the right say the Laffer Curve is real and that all tax cuts are self-financing. Both are wrong. When I talk to folks on the left, I tell them...
by Dan Mitchell | Jul 11, 2024 | Blogs, Tax Competition, Taxation
The fundamental insight of supply-side economics is that people respond to incentives. So if the government imposes a high tax rate on income, people will try to avoid or evade the money grab. Especially if they have any ability to control the...
