by Dan Mitchell | Apr 25, 2015 | Blogs, Flat Tax, Taxation
I’m a huge fan of a simple and fair flat tax. Simply stated, if we’re going to have some sort of broad-based tax, it makes sense to collect revenue in the least-damaging fashion possible. And a flat tax achieves that goal by adhering to the principles of good tax...
by Dan Mitchell | Apr 14, 2015 | Blogs, Economics, Taxation
With so many Americans currently filled with anxiety about their annual tax forms, this is the time of year that many people wistfully dream about how nice it would be to have a simple and fair flat tax. Unfortunately, there are many obstacles to better tax policy....
by Dan Mitchell | Apr 3, 2015 | Blogs, Economics, Taxation
I’m not a fan of the IRS or it’s Commissioner, a partisan Democrat named John Koskinen. The agency has become politicized, interfering with America’s political process. Needless to say, I’m not shedding tears that the bureaucracy is no longer getting big budget...
by Dan Mitchell | Mar 31, 2015 | Blogs, Economics, Taxation, VAT
I warned just last week about the dangers of letting politicians impose a value-added tax. Simply stated, unless the 16th Amendment is repealed and replaced with a new provision forever barring the re-imposition of any taxes on income, a VAT inevitably would be a new...
by Dan Mitchell | Mar 24, 2015 | Big Government, Blogs, Economics, Taxation
With tax day fast approaching, it’s time to write about our good friends at the Internal Revenue Service. One of the new traditions at the IRS is an annual release of tax scams. It’s know as the “dirty dozen” list, and while it may exist mostly as a publicity stunt,...