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Restricting the Deduction for State and Local Taxes Is a Big [Expletive Deleted] Deal

Restricting the Deduction for State and Local Taxes Is a Big [Expletive Deleted] Deal

by Dan Mitchell | Jan 2, 2018 | Blogs, Tax Competition, Taxation

During the Obamacare bill-signing ceremony, Vice President Biden had a “hot mic” incident when he was overheard telling Obama that “this is a big f***ing deal.” And he was telling the truth. It was a big deal (albeit a wrong deal) from a fiscal perspective and a...
Nightmare for New York and California: Tax Reform Will Put Added Pressure on High-Tax States

Nightmare for New York and California: Tax Reform Will Put Added Pressure on High-Tax States

by Dan Mitchell | Dec 28, 2017 | Blogs, Tax Competition, Taxation

The right kind of tax reform can help people directly and indirectly. They benefit directly if reform reduces their tax burden and gives them more take-home income. They benefit indirectly if reform increases growth and leads to additional pre-tax income. For what...

Occupational Licensing: Another Way Politicians Hurt the Poor and Help their Cronies

by Dan Mitchell | Nov 25, 2017 | Big Government, Blogs, Regulations

Experts in the field of political marketing periodically tell me that you need to have sympathetic victims when trying to change policy. When pushing for Obamacare repeal, highlight a family who lost its health plan and now has to pay twice as much for insurance. When...
Repealing the State and Local Tax Deduction Will Help the Republican Party in High-Tax Blue States

Repealing the State and Local Tax Deduction Will Help the Republican Party in High-Tax Blue States

by Dan Mitchell | Nov 21, 2017 | Blogs, Taxation

Time for a confession. My left-wing friends are correct. I’m an idiot. Why? Because I’m an anti-tax libertarian, yet I keep writing favorably about a provision that will raise my taxes. I’m talking specifically about the provision, currently in both...
Restricting the Deduction for State and Local Taxes Is a Big [Expletive Deleted] Deal

The Best Argument against the State and Local Tax Deduction

by Dan Mitchell | Oct 25, 2017 | Blogs, Taxation

I’ve written a couple of times to explain why the deduction for state and local taxes should be eliminated as part of pro-growth tax reform. One of my main arguments, as I pointed out at the beginning of this interview, is that Republicans are generally unwilling to...
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