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 | Nov 3, 2018 | Blogs, Taxation
The mid-term elections take place on Tuesday and the crowd in DC is focused on who will control the House and Senate. I’ll make my (sometimes dubious, sometimes accurate) congressional predictions next week. The goal today is to call attention to the key initiatives...
by Dan Mitchell | Nov 2, 2018 | Blogs, Taxation
President Trump thinks he can boost Republicans next Tuesday by promising a new round of tax relief for the middle class. I’m skeptical of his sincerity, as noted in this segment from a recent interview, but I also warn that his proposed tax cut is impractical because...
by Dan Mitchell | Oct 31, 2018 | Big Government, Blogs, Taxation
Like any sensible person, I want victimless crimes to be legalized. In part because I believe in freedom, but also for utilitarian reasons. I don’t approve of drugs and I’ve never used drugs, but I think the social harm of prohibition is greater than the social harm...
by Dan Mitchell | Oct 28, 2018 | Blogs, Economics, Supply Side, Taxation
I’ve written about how taxes have a big impact on soccer (a quaint game with little or no scoring that Europeans play with their feet). Taxes affect both the decisions of players and the success of teams. Grasping and greedy governments also have an impact on...