by Dan Mitchell | Nov 3, 2023 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
Yesterday’s column reviewed a new academic study which found that Trump’s corporate tax reforms had a very positive impact on investment, which means more growth and higher wages for the American economy. The study, which was written by Gabriel Chodorow-Reich...
by Dan Mitchell | Nov 2, 2023 | Blogs, Economics, Supply Side, Taxation
I’m very critical of bad policies we got during the Trump years, most notably profligacy and protectionism. But I shower praise on the good policies, such as the 2017 tax legislation (especially the lower corporate tax rate and...
by Dan Mitchell | Jul 3, 2023 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
The economic analysis of taxation has plenty of jargon, statistical analysis, and complicated graphs, which can make it seem very mysterious to ordinary people. But the core principles are actually very easy to understand. Simply stated,...
by Dan Mitchell | Jun 15, 2023 | Blogs, Economics, States, Supply Side, Taxation
Last year, I shared the “Feel-Good Map of 2022” that showed 18 states had lowered personal and/or corporate income tax since the start of 2021. And that was after showing a map of 11 state lowering tax rates the previous year. Courtesy of the Tax Foundation,...
by Dan Mitchell | Jun 9, 2023 | Blogs, Economics, States, Taxation
Other than doing very well in rankings of state pension debt (see here, here, and here), I’ve never had any reason to notice public policy in Nebraska. That changes today because the Cornhusker State has – like about two dozen other states –...