by Dan Mitchell | Jun 2, 2018 | Blogs, Taxation
I’ve written dozens of columns about the Laffer Curve and its implications. My favorite may be the one that pointed out why it generally is misguided to raise tax rates even if the government would collect more revenue (i.e., don’t give politicians $1 if it means...
by Dan Mitchell | Jan 24, 2018 | Blogs, Economics, Taxation
Last November, I wrote about the lessons we should learn from tax policy in the 1950s and concluded that very high tax rates impose a very high price. About six months before that, I shared lessons about tax policy in the 1980s and pointed out that Reaganomics was a...
by Dan Mitchell | Dec 15, 2017 | Blogs, Economics, Taxation
Adopting tax reform (even a watered-down version of tax reform) is not easy. Some critics say it will deprive the federal government of too much money (a strange argument since it will be a net tax increase starting in 2027). Some critics say it will make it more...
by Dan Mitchell | Nov 12, 2017 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
In my decades of trying to educate policymakers about the downsides of class-warfare tax policy, I periodically get hit with the argument that high tax rates don’t matter since America enjoyed a golden period of prosperity in the 1950s and early 1960s when the top tax...
by Dan Mitchell | Sep 21, 2017 | Blogs, Taxation
Earlier this year, I pointed out that Trump and Republicans could learn a valuable lesson from Maine Governor Paul LePage on how to win a government shutdown. Today, let’s look at a lesson from North Carolina on how to design and implement pro-growth tax policy. In...
