by Dan Mitchell | Nov 13, 2014 | Blogs, Economics, Taxation
I don’t pretend that tax reform, by itself, will create economic Nirvana. After all, the experts who measure economic policy and economic performance say that only about 20 percent of a nation’s prosperity is determined by fiscal policy. Nonetheless, I’m a big fan of...
by Dan Mitchell | Aug 21, 2014 | Blogs, Economics, Taxation
Some folks on the right in Washington, generally known as reformicons (short for reform conservatives), want the Republican Party to de-emphasize marginal tax rate reductions and instead focus on providing tax relief to parents. There are many leaders in this movement...
by Dan Mitchell | Aug 17, 2014 | Blogs, Taxation
I like to think that very few people despise Obamacare more than me. I don’t like Obamacare because it’s a fiscal boondoggle. I don’t like Obamacare because it’s bad healthcare policy. I don’t like Obamacare because it generated an embarrassingly bad decision by the...
by Dan Mitchell | Aug 8, 2014 | Blogs, Economics, Taxation
I’m a long-time proponent of the flat tax for three simple reasons. 1. It replaces the discriminatory “progressive” tax with a single tax rate at the lowest possible level, thus reducing the tax penalty on productive behavior. 2. It gets rid of all forms of double...
by Dan Mitchell | Jun 14, 2014 | Blogs, Taxation
Some statements are so lame that they now serve only as punch lines. Nobody, after all, would ever claim to a teacher that “the dog ate my homework.” Moreover, surely few if any people ever actually assert to bill collectors that “the check is in the mail.” And I have...