by Dan Mitchell | Mar 12, 2012 | Big Government, Blogs, Economics, Flat Tax, Government Spending, Taxation
Last year, while lounging on the beach in the Caribbean…oops, I mean while doing off-site research, I developed the first iteration of a rule to describe how fiscal policy should operate. Good fiscal policy exists when the private sector grows faster than the public...
by Dan Mitchell | Feb 29, 2012 | Blogs, Flat Tax, Taxation
This interview with the IRS Commissioner is really irritating. He wants us to believe that all the problems exist because of bad laws enacted by Congress. I certainly agree that the crowd in Washington is venal, corrupt, and duplicitous. But the IRS takes a bad...
by Dan Mitchell | Feb 23, 2012 | Blogs, Taxation
American companies are hindered by what is arguably the world’s most punitive corporate tax system. The federal corporate rate is 35 percent, which climbs to more than 39 percent when you add state corporate taxes. Among developed nations, only Japan is in the same...
by Dan Mitchell | Jan 25, 2012 | Bailouts, Big Government, Blogs, Economics, Flat Tax, Keynesian, Taxation
Perhaps the title of this post is a bit unfair since the International Monetary Fund is good on some issues, such as reducing subsidies. And some of the economists at the IMF even produce good research. But I can’t help but get agitated that this behemoth global...
by Dan Mitchell | Nov 14, 2011 | Blogs, Economics, Flat Tax, Laffer Curve, Taxation
Alan Blinder has a distinguished resume. He’s a professor at Princeton and he served as Vice Chairman of the Federal Reserve. So I was interested to see he authored an attack on the flat tax – and I was happy after I read his column. Why? Well, because his arguments...
