by Dan Mitchell | Aug 2, 2010 | Big Government, Blogs, Capital Gains, Taxation
I have a column in today’s New York Post about Obama’s plan for higher taxes next year. My main point is that higher tax rates on the so-called rich have a very negative impact on the rest of us because even small reductions in economic growth have a big impact over...
by Dan Mitchell | Jul 31, 2010 | Blogs, Taxation
These results won’t come as a surprise to anyone who has compared long-run growth rates in Hong Kong, the United States, France, and North Korea, but there’s a new study by three economists showing that nations with better tax policy grow faster and create more jobs....
by Dan Mitchell | Jul 23, 2010 | Big Government, Blogs, Taxation
The Wall Street Journal ponders the mini-tax revolt among some Democrats, ranging from Kent Conrad in the Senate to Jerrold Nadler in the House, who are suddenly making arguments that it would be a bad idea to allow higher tax rates in 2011 (because the 2001 and 2003...
by Dan Mitchell | Jul 14, 2010 | Big Government, Blogs, Taxation
Australia got rid of its death tax in 1979. A couple of Aussie academics investigated whether the elimination of the tax had any impact on death rates. They found the ultimate example of supply-side economics, as reported in the abstract of their study. In 1979,...
by Dan Mitchell | May 22, 2010 | Blogs, Economic Growth, Free Market, Taxation, Uncategorized
I recently posted favorable comments about a National Review article that made two important points about fiscal policy and supply-side economics. First, the article reminded “supply siders” that the burden of government spending is very important (and...