by Dan Mitchell | Dec 6, 2018 | Blogs, Economics, Taxation
Steve Moore and Art Laffer are the authors of Trumponomics, a largely favorable book about the President’s economic policy. I have a more jaundiced view about Trump. I’m happy to praise his good policies (taxes and regulation), but I also condemn his bad policies...
by Dan Mitchell | Nov 29, 2018 | Blogs, Economics, Taxation
The central argument against punitive taxation is that it leads to less economic activity. Here’s a visual from an excellent video tutorial by Professor Alex Tabarrok. It shows that government grabs a share of private output when a tax is imposed, thus reducing the...
by Dan Mitchell | Oct 28, 2018 | Blogs, Economics, Supply Side, Taxation
I’ve written about how taxes have a big impact on soccer (a quaint game with little or no scoring that Europeans play with their feet). Taxes affect both the decisions of players and the success of teams. Grasping and greedy governments also have an impact on...
by Dan Mitchell | Oct 25, 2018 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
As illustrated by this video tutorial, I’m a big advocate of the Laffer Curve. I very much want to help policy makers understand (especially at the Joint Committee on Taxation) that there’s not a linear relationship between tax rates and tax revenue. In other words,...
by Dan Mitchell | Aug 27, 2018 | Blogs, Economics, Supply Side, Taxation
When I write about the economics of fiscal policy and need to give people an easy-to-understand explanation on how government spending affects growth, I share my four-part video series. But. other than a much-too-short primer on growth and taxation from 2016, I don’t...
