by Dan Mitchell | Sep 23, 2025 | Blogs, Capital Gains, Economics, Supply Side, Taxation
From a big-picture economic perspective, I worry most about the damage of high tax burdens on innovation, entrepreneurship, and investment. Those are things that generate enormous benefits for society, yet also things that...
by Dan Mitchell | Mar 14, 2025 | Blogs, Taxation
Back in 2020, I applauded both Donald Trump and Joe Biden for minimizing their tax payments. Trump cleverly used business losses to reduce the tax burden on his individual income. Biden cleverly used a business structure to avoid onerous Social Security and...
by Dan Mitchell | May 25, 2024 | Blogs, Taxation
Guided by the principles of good tax policy, I have mostly focused on two important provisions when writing about Trump’s 2017 Tax Cut and Jobs Act (TCJA). Reducing the federal corporate tax rate from 35 percent to 21 percent, thus improving incentives...
by Dan Mitchell | Dec 24, 2023 | Blogs, Taxation
Since governments have a terrible tendency to waste money, I’m a big fan of tax avoidance. For instance, even though I don’t like itemized deductions for things like charitable contributions and home mortgage interest, I am glad...
by Dan Mitchell | May 2, 2023 | Blogs, Tax Competition, Taxation
The economic policy lessons from Latin America are very clear. There’s one unambiguous success story (at least until the past couple of years), one semi-decent success story, and then a bunch of utter failures. What’s interesting (and tragic) is...
