by Dan Mitchell | Jan 3, 2017 | Blogs, Taxation, VAT
The Republicans in the House of Representatives, led by Ways & Means Chairman Kevin Brady and Speaker Paul Ryan, have proposed a “Better Way” tax plan that has many very desirable features. Death tax repeal Depreciation replaced with expensing Corporate tax rate...
by Brian Garst | Jan 2, 2017 | Publications, White Papers
Political and Economic Risks of a Destination-Based Cash Flow Tax [Download PDF] January 2017 By Brian Garst Economists widely agree that the corporate tax system in the United States is in need of significant reform. Corporations headquartered in America face the...
by Dan Mitchell | Jan 1, 2017 | Big Government, Blogs, Regulations, Taxation, Welfare and Entitlements
Since yesterday’s column was a look back on the good and bad things of 2016, let’s now look forward and speculate about the good and bad things that may happen in 2017. I’m not pretending any of this is a forecast, particularly since economists have a miserable track...
by Dan Mitchell | Dec 27, 2016 | Blogs, Flat Tax, Taxation
On December 24, I wrote that all I wanted for Christmas is a spending cap. Alas, Santa did not manage to stuff that long-overdue policy down my chimney. But I’m not surprised. For years, the flat tax was on my Christmas list and that never happened either. I guess I...
by Andrew F. Quinlan | Nov 20, 2016 | Opinion and Commentary
This article originally appeared on The Daily Caller on November 18, 2016. Donald Trump’s unexpected victory, combined with a very good election for House and Senate Republicans, has dramatically improved the odds of meaningful tax reform. And there already are...