by Dan Mitchell | Nov 4, 2018 | Blogs, Economics, Taxation
There are three reasons why the right kind of tax reform can help the economy grow faster. Lower tax rates give people more incentive to earn income. Less double taxation boosts incentives to save and invest. Fewer loopholes improves incentives for economic...
by Dan Mitchell | Sep 29, 2018 | Blogs, States, Taxation
Politicians who preach class warfare repeatedly assert that we need higher taxes on “the rich.” Indeed, that’s been the biggest political issue (and oftentimes biggest economic issue) in every recent tax fight (the Trump tax reform and Obama’s fiscal cliff), as well...
by Dan Mitchell | Jul 30, 2018 | Blogs, Economics, Taxation
Earlier this month, I talked about the economy’s positive job numbers. I said the data is unambiguously good, but warned that protectionism and wasteful spendingwill offset some of the good news from last year’s tax reform. This is what’s frustrating about the Trump...
by Dan Mitchell | Jul 6, 2018 | Blogs, Taxation
Guided by the principles of a simple and fair flat tax, I’ve been toiling for decades in the vineyard of tax reform. At the risk of mixing my metaphors, I usually feel like Don Quixote, engaged in a futile quest. Convincing politicians to reduce their power is not an...
by Dan Mitchell | Jun 4, 2018 | Blogs, Tax Competition, Taxation
Better economic performance is the most important reason to adopt pro-growth reforms such as the Tax Cuts and Jobs Act of 2017. Even small increases in economic growth – especially if sustained over time – can translate into meaningful improvements in living...
