by Dan Mitchell | Mar 3, 2017 | Blogs, Financial Privacy, Taxation
Republicans promised voters all sorts of pro-growth reforms. They assured us that they learned a lesson about the dangers of expanding government and calling it “compassionate conservatism.” Give us control of both Congress and the White House, they said before the...
by Dan Mitchell | Nov 30, 2016 | Blogs, Crime, Financial Privacy, Society, Tax Havens, Taxation
The War against Cash is a battle that shouldn’t even exist. But politicians don’t like cash because it’s hard to control something that people can freely trade back and forth. So folks on the left are arguing that governments should ban or restrict paper money. In...
by Dan Mitchell | Aug 8, 2016 | Blogs, Taxation
When I wrote last year about “Hillary Clinton’s Plan to Increase the Cost of College,” I explained that colleges and universities boost tuition when the government hands out more subsidies to students, so the main effect is to make higher education even more...
by Dan Mitchell | Jul 20, 2016 | Blogs, Taxation
What’s the best measure of the tax burden on the U.S. economy? Is it the amount of money that we’re forced to surrender to the knaves in Washington (i.e., the difference between our pre-tax income and post-tax consumption)? Or is it the loss of economic output caused...
by Dan Mitchell | Apr 13, 2016 | Blogs, Economics, Taxation
I recently wrote a primer on the issue of tax evasion, which is illegal. I made the elementary point that low tax rates and a simple tax code are the best (and only good) way of promoting high levels of tax compliance. Now let’s shift to the related topic of tax...