by CF&P | Apr 16, 2012 | News, Press Releases
Center for Freedom and Prosperity Foundation For Immediate Release Monday, April 16, 2012 202-285-0244 www.freedomandprosperity.org Popular CF&P Video Highlights Costly Hidden Burden of Federal Tax Compliance (Washington, D.C., Monday, April 16, 2012) As Americans...
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 | Feb 27, 2012 | Blogs, Economics, Laffer Curve, Taxation
I speculated last year that the political elite finally might be realizing that higher tax rates are not the solution to Greece’s fiscal situation. Simply stated, you can only squeeze so much blood out of a stone, and pushing tax rates higher cripples growth and...
by Dan Mitchell | Jan 30, 2012 | Big Government, Blogs, Flat Tax, Government Spending, Taxation
Leftists want higher tax rates and they want greater tax compliance. But they have a hard time understanding that those goals are inconsistent. Simply stated, people respond to incentives. When tax rates are punitive, folks earn and report less taxable income, and...
by Dan Mitchell | Jan 19, 2012 | Blogs, Tax Havens, Taxation
Exactly 10 days ago, I predicted that the press would attack Mitt Romney for using tax havens. In that post, I wrote that, “…based on the questions, it appears that the establishment media wants to hit Romney for utilizing tax havens… As far as I can tell, none of...
