by Dan Mitchell | Apr 10, 2012 | Blogs, Economics, Taxation
The Laffer Curve is a graphical representation of the relationship between tax rates, tax revenue, and taxable income. It is frequently cited by people who want to explain the common-sense notion that punitive tax rates may not generate much additional revenue if...
by Dan Mitchell | Dec 11, 2011 | Blogs, Taxation
Since the Clinton Administration turned out to be much more market-oriented than either his GOP predecessor or successor, this isn’t quite a man-bites-dog story. Nonetheless, it is still noteworthy that Elaine Kamarck, a high-level official from the Clinton White...
by Dan Mitchell | Nov 14, 2011 | Blogs, Economics, Flat Tax, Laffer Curve, Taxation
Alan Blinder has a distinguished resume. He’s a professor at Princeton and he served as Vice Chairman of the Federal Reserve. So I was interested to see he authored an attack on the flat tax – and I was happy after I read his column. Why? Well, because his arguments...
by Dan Mitchell | Nov 6, 2011 | Blogs, Economics, Laffer Curve, Taxation
One of my frustrating missions in life is to educate policy makers on the Laffer Curve. This means teaching folks on the left that tax policy affects incentives to earn and report taxable income. As such, I try to explain, this means it is wrong to assume a simplistic...
by CF&P | Apr 3, 2011 | Blogs, Economics, Laffer Curve, Taxation
A new study from the Adam Smith Institute in the United Kingdom provides overwhelming evidence that class-warfare tax policy is grossly misguided and self-destructive. The authors examine the likely impact of the 10-percentage point increase in the top income tax...