by Dan Mitchell | Mar 31, 2015 | Blogs, Economics, Taxation, VAT
I warned just last week about the dangers of letting politicians impose a value-added tax. Simply stated, unless the 16th Amendment is repealed and replaced with a new provision forever barring the re-imposition of any taxes on income, a VAT inevitably would be a new...
by Dan Mitchell | Aug 8, 2014 | Blogs, Economics, Taxation
I’m a long-time proponent of the flat tax for three simple reasons. 1. It replaces the discriminatory “progressive” tax with a single tax rate at the lowest possible level, thus reducing the tax penalty on productive behavior. 2. It gets rid of all forms of double...
by Dan Mitchell | Apr 18, 2013 | Blogs, Taxation
In recent months, I’ve displayed uncharacteristic levels of optimism on issues ranging from Obamacare to the Laffer Curve. But this doesn’t mean I’m now a blind Pollyanna. We almost always face an uphill battle in our efforts to restrain the power and greed of the...
by Dan Mitchell | Jan 30, 2013 | Blogs, Flat Tax, Taxation
I’m at Hillsdale College in Michigan for a conference on taxation. The event is called “The Federal Income Tax: A Centenary Consideration,” though I would have called it something like “100 Years of Misery from the IRS.” I’m glad to be here, both because Hillsdale...
by Dan Mitchell | Mar 30, 2012 | Blogs, Economics, Flat Tax, Taxation, VAT
What do the flat tax and national sales tax (and even the value-added tax) have in common? As I explain in this Senate Budget Committee testimony, they are all single-rate, consumption-base, loophole-free tax systems that fulfill the key principles of good tax policy....
