by Dan Mitchell | Apr 10, 2024 | Blogs, Taxation
Since I’m currently in Stockholm and just gave a speech about fiscal policy, let’s take a look at Swedish taxation. Like most western nations, Sweden became a rich nation in the 1800s and early 1900s when taxes were modest and the burden of...
by Dan Mitchell | Mar 13, 2024 | Blogs, Taxation
Three years ago, I debunked a very sloppy report about tax policy. The authors, David Hope and Julian Limberg, wanted readers to believe that lower marginal tax rates did not improve economic performance. But there were major methodological flaws...
by Dan Mitchell | Mar 5, 2024 | Blogs, Economics, Supply Side, Taxation
When trying to educate someone about the importance of low marginal tax rates, what’s the most-convincing visual? A supply-and-demand graph? A philoso-raptor meme? A cartoon with two doors? A Dan Mitchell hypothetical? I’m partial to...
by Dan Mitchell | Feb 13, 2024 | Blogs, States, Taxation
The Laffer Curve is the common-sense notion that people respond to incentives. And even Paul Krugman admits this has implications for tax revenue. For instance, if tax rates increase, people may decide to earn and/or report less taxable income....
by Dan Mitchell | Nov 14, 2023 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
In Part I of this series, I looked at Ronald Reagan’s reasonably successful track record on government spending (which could be characterized as fantastically successful when compared to other Republican presidents) and explained why we need...
