by Dan Mitchell | Jan 2, 2015 | Blogs, Economics, Laffer Curve, Taxation
Barack Obama and the rest of the class-warfare crowd act as if “tax the rich” is an appropriate answer to every question about fiscal policy. I’m not joking. Here are some of the President’s main tax hikes that have been enacted or proposed. Obama imposed higher...
by Dan Mitchell | Oct 30, 2014 | Big Government, Blogs, Government Spending, Taxation
Since I criticized Paul Ryan’s Roadmap budget plan yesterday as part of my column against the value-added tax, I now feel obliged to defend the proposal in one important respect. But first, some background. In a recent piece for the American Enterprise Institute,...
by Dan Mitchell | Oct 13, 2014 | Big Government, Blogs, Tax Harmonization, Taxation
The United Nations is not nearly as bad as other international bureaucracies such as the Organization for Economic Cooperation and Development or the International Monetary Fund. But that’s because the U.N. tends to be completely ineffective. So even when the...
by Dan Mitchell | Sep 23, 2014 | Blogs, Tax Competition, Tax Harmonization, Tax Havens, Taxation
People pay every single penny of tax that politicians impose on corporations. The investors that own companies obviously pay (more than one time!) when governments tax profits. The workers employed by companies obviously pay, both directly and indirectly, because of...
by Dan Mitchell | Sep 1, 2014 | Big Government, Blogs, Economics, Laffer Curve, Taxation
I’ve already shared a bunch of data and evidence on the importance of low tax rates. A review of the academic evidence by the Tax Foundation found overwhelming support for the notion that lower tax rates are good for growth. An economist from Cornell found lower tax...
