by Dan Mitchell | May 12, 2016 | Big Government, Blogs, Economics, Government Spending, Taxation
Among Republicans and conservatives, Ronald Reagan is widely revered as a great President. From their perspective, he was the candidate who actually made America great again. Fans of the Gipper tell us the economy rebounded, inflation was tamed, incomes rose,...
by Dan Mitchell | Mar 5, 2016 | Blogs, Economics, Laffer Curve, Taxation
About one year ago, Scott Hodge authored a report explaining the mechanics and utility of the Tax Foundation’s Taxes and Growth Dynamic Model. He made a very persuasive argument about the need to modernize and improve the Joint Committee on Taxation’s antiquated...
by Dan Mitchell | Jan 12, 2016 | Blogs, Economics, Free Market
The long-term trend in China is positive. Economic reforms beginning in the late 1970s have helped lift hundreds of millions of people out of abject poverty. And thanks to decades of strong growth, living standards for ordinary Chinese citizens are far higher than...
by Dan Mitchell | Jan 6, 2016 | Blogs, Flat Tax, Taxation
When I compared the tax reform proposals of various 2016 presidential candidates last month, Ben Carson got the best grade by a slight margin. But I’ve now decided to boost his overall grade from a B+ to A-, or perhaps even A, because he’s finally released details and...
by Dan Mitchell | Nov 16, 2015 | Big Government, Blogs, Economics, Government Spending, Supply Side, Taxation
Since I’m a big fan of the Laffer Curve, I’m always interested in real-world examples showing good results when governments reduce marginal tax rates on productive activity. Heck, I’m equally interested in real-world results when governments do the wrong thing and...
