by Dan Mitchell | Mar 13, 2017 | Blogs, Economics, Taxation
We have passed the 50th full day of the Trump Presidency. In that span of time, we’ve had lots of political wrangling between Trump and the media. We’ve been introduced to the concept of the “Deep State” (yes, there is a permanent bureaucracy that acts to protect its...
by Dan Mitchell | Feb 25, 2017 | Blogs, Economics, Laffer Curve, Taxation
For more than 30 years, I’ve been trying to educate my leftist friends about supply-side economics and the Laffer Curve. Why is it so hard for them to recognize, I endlessly wonder, that when you tax something, you get less of it? And why don’t they realize that when...
by Dan Mitchell | Feb 21, 2017 | Blogs, Taxation
As part of an otherwise very good tax reform plan, House Republicans have proposed to modify the corporate income tax so that it becomes a “destination-based cash-flow tax.” For those not familiar with wonky inside-the-beltway tax terminology, there are three main...
by Brian Garst | Feb 10, 2017 | Opinion and Commentary
Originally published by Cayman Financial Review on February 1, 2017. One of the key separators between U.S. and European tax policy has long been the presence of value-added taxes. That might change thanks to a provision in the proposed blueprint that will serve as...
by Dan Mitchell | Feb 5, 2017 | Blogs, Taxation
I’m obviously a big fan of a simple and fair flat tax. In part, my support for fundamental reform is driven by my desire for a low rate, for no double taxation, and for the elimination of loopholes. Those are the economic reasons for reform. But I also am very much...
