by Dan Mitchell | Apr 19, 2017 | Blogs, Taxation
Fundamental tax reform such as a flat tax should accomplish three big goals. Lower tax rates in order to encourage more productive behavior. Get rid of double taxation in order to enable saving and investment. End distorting preferences in order to reduce economically...
by Dan Mitchell | Apr 7, 2017 | Blogs, Economics, Regulations
On major economic issues, it does not appear that Republican control of Washington makes much of a difference. Efforts to repeal Obamacare have bogged down because GOPers are willing to deal with the fiscal wreckage of that law, but don’t seem very comfortable about...
by Dan Mitchell | Feb 21, 2017 | Blogs, Taxation
As part of an otherwise very good tax reform plan, House Republicans have proposed to modify the corporate income tax so that it becomes a “destination-based cash-flow tax.” For those not familiar with wonky inside-the-beltway tax terminology, there are three main...
by Dan Mitchell | Aug 1, 2016 | Big Government, Blogs
Donald Trump is, to be charitable, a rather unique and colorful presidential candidate. He seems incapable of letting a day pass without doing something that makes the political establishment shudder with disdain. Since I’m not a fan of the status quo in Washington, I...
by Dan Mitchell | Jul 28, 2016 | Blogs, Economics
Yesterday, I shared some of the highlights (and lowlights) of the Democratic Party platform. It wasn’t a fun task. The Democrats put together a rat’s nest of taxes, spending, cronyism, and red tape, so my blood pressure probably went crazy as I read the document....