by Dan Mitchell | Sep 2, 2017 | Blogs, Taxation
Why were the Reagan tax cuts so successful? Why did the economy rebound so dramatically from the malaise of the 1970s? The easy answer is that we got better tax policy, especially lower marginal tax rates on personal and business income. Those lower rates reduced the...
by Dan Mitchell | Aug 30, 2017 | Blogs, Flat Tax, Taxation
While I realize there’s zero hope of ripping up America’s awful tax code and getting a simple and fair flat tax, I’m nonetheless hopeful that there will be some meaningful incremental changes as part of the current effort to achieve some sort of tax reform. A package...
by Dan Mitchell | Jul 27, 2017 | Big Government, Blogs, Taxation
It’s depressing to see how Republicans are bungling the Obamacare issue. But it’s also understandable since it’s politically difficult to reduce handouts once people get hooked on the heroin of government dependency (a point I made even before Obamacare was enacted)....
by Andrew F. Quinlan | Jun 28, 2017 | Opinion and Commentary
Originally published by Investor’s Business Daily on June 26, 2017. Republicans have struggled to put together a tax reform plan with enough support to pass Congress. The major hang-up is their self-imposed need to find revenue offsets to “pay for” the...
by Brian Garst | Jun 14, 2017 | Big Government, Blogs, Tax Competition, Taxation
House Ways and Means Committee Chairman Kevin Brady, in response to strong opposition to his proposed border-adjustment tax, is now proposing a phase-in over 5 years. While this could satisfy those whose opposition was due merely to a fear of dramatic change to the...
