by Dan Mitchell | Jan 27, 2023 | Blogs, Taxation
While speaking last year in Hawaii on the topic of good tax policy, I explained why it is misguided to impose extra layers of tax on saving and investment. Regarding the problem of double taxation, I’ve addressed how various features of the tax code need to be...
by Dan Mitchell | Dec 18, 2022 | Blogs, Education, Taxation
Since my specialty in economics is fiscal policy, I’m used to wonky (and perhaps boring) debates about topics such as marginal tax rates, Keynesianism, and the Armey-Rahn Curve. But there’s also a moral component to fiscal...
by Dan Mitchell | Dec 28, 2019 | Blogs, Economics, Taxation
In this interview on Fox Business, I repeated my oft-stated concern that the Federal Reserve’s easy-money policy of artificially low interest rates (avidly supported by Trump) may have created the conditions for a boom-bust cycle. For today’s column, though, I want to...
by Dan Mitchell | Jun 16, 2017 | Big Government, Blogs, Welfare and Entitlements
There’s a lot to admire about Switzerland, particularly compared to its profligate neighbors. It has a spending cap, imposed in a landslide referendum early last decade, that has constrained the growth of government. It has a genuinely decentralized system with a very...
by Dan Mitchell | Jan 20, 2017 | Blogs, Capital Gains, Economics, Taxation
Time for a boring and wonky discussion about taxes, capital formation, and growth. We’ll start with the uncontroversial proposition that saving and investment is a key driver of long-run growth. Simply stated, employees can produce more (and therefore earn more) when...
