by Dan Mitchell | Apr 10, 2023 | Blogs, Economics, Supply Side
As documented in Commanding Heights: The Battle of Ideas, Margaret Thatcher and Ronald Reagan saved their nations from economic malaise and decline. Today, let’s focus on what happened in the United Kingdom. Economic liberty greatly...
by Dan Mitchell | Mar 21, 2023 | Blogs, Economics, Laffer Curve, Taxation
Back in 2010, I shared a comparison of Obama and JFK on tax policy. For an update, here’s a comparison of Biden’s class-warfare agenda with JFK’s supply-side agenda. I’m sharing this video for two reasons. The first reason is that it...
by Dan Mitchell | Feb 14, 2023 | Blogs
The economics of tax policy is largely the economics of incentives. When governments impose high tax rates on something, you get less of that thing. My left-leaning friends acknowledge this is true, but only selectively. They openly agitate for higher...
by Dan Mitchell | Jul 27, 2022 | Blogs, Economics, Taxation
To begin Part III of this series (here’s Part I and Part II), let’s dig into the archives for this video I narrated back in 2007. At the risk of patting myself on the back, all of the points hold up very well. Indeed, the past 15 years have produced more evidence that...
by Dan Mitchell | Jul 23, 2022 | Blogs, Economics, Taxation
Here is the argument why corporate tax rates should be as low as possible. High corporate tax rates discourage investment.Less investment reduces worker productivity.Lower rates of productivity result in lower wages. In an ideal world, there would...
