by Dan Mitchell | Nov 2, 2016 | Uncategorized
While the political world is consumed by the various scandals and baggage of the two main presidential candidates, let’s play a game of make-believe. Let’s pretend that politicians aren’t crooks and clowns and instead actually want to make America’s economy more...
by Dan Mitchell | Oct 3, 2016 | Big Government, Blogs, Economics, Government Spending, Taxation
If nothing else, Belgian politicians deserve credit for perseverance. One year ago, the nation was considering a “tax shift” that would reduce taxes on labor and increase taxes on consumption. I pointed out that this didn’t make much sense since it wouldn’t alter the...
by Dan Mitchell | Jun 25, 2016 | Big Government, Blogs, Economics, Taxation
I’ve been advocating for good tax reform for more than two decades, specifically agitating for a simple and fair flat tax. I get excited when politicians make bold proposals, such as many of the plans GOP presidential candidates proposed over the past year or so. But...
by Dan Mitchell | Apr 30, 2016 | Blogs, Economics, Health Care, Taxation
What’s the worst loophole (properly defined) in the cluttered internal revenue code? I think the deduction for state and local taxes is very bad policy since it enables higher tax burdens in states such as California, New Jersey, and Illinois. The exemption for...
by Dan Mitchell | Apr 23, 2016 | Blogs, Economics, Taxation
My opinion on taxing corporate income varies with my mood. When I’m in a fiery-libertarian phase, I want to abolish taxes on corporate income for the simple reason that all income taxes should be eliminated. Heck, I would also eliminate October 3 from the calendar...
