by Dan Mitchell | Oct 14, 2024 | Blogs, Taxation
When I give speeches and presentations about fiscal policy, I explain that a sensible tax system should be based on these principles. Low marginal tax rates on productive behavior. No double taxation of saving and investment. No corrupt and distorting...
by Dan Mitchell | Aug 6, 2024 | Big Government, Blogs, Taxation, Welfare and Entitlements
During his time in the White House, Donald Trump pursued very good tax policy and very bad spending policy. So if he wins a second term, one would hope he maintains his approach on taxes and changes his approach on spending. Unfortunately, he is doing...
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 | Feb 5, 2024 | Blogs, Taxation
I explained the benefits of a flat tax in a video 14 years ago. And I’ve since shared two videos (here and here) of Steve Forbes arguing for a flat tax. If those are not enough, here’s a recent presentation I made about tax reform for...
by Dan Mitchell | Nov 3, 2023 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
Yesterday’s column reviewed a new academic study which found that Trump’s corporate tax reforms had a very positive impact on investment, which means more growth and higher wages for the American economy. The study, which was written by Gabriel Chodorow-Reich...