by Dan Mitchell | Oct 25, 2018 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
As illustrated by this video tutorial, I’m a big advocate of the Laffer Curve. I very much want to help policy makers understand (especially at the Joint Committee on Taxation) that there’s not a linear relationship between tax rates and tax revenue. In other words,...
by Dan Mitchell | Oct 20, 2018 | Blogs, Tax Competition, Taxation
If you live in Illinois or California and you’re sick and tired of high taxes and crummy government, should you have the freedom to move to a state with no income tax, such as Florida or Texas? The answer is yes (though Walter Williams joked that leftist politicians...
by Dan Mitchell | Oct 6, 2018 | Blogs, Tax Competition, Taxation
Back in April, I chatted with Stuart Varney about how some states were in deep trouble because they were being squeezed by having to finance huge unfunded liabilities for bureaucrats, yet they were constrained by the fact that taxpayers have the freedom to move when...
by Dan Mitchell | Sep 28, 2018 | Blogs, States, Taxation
Yesterday, I wrote about the newest edition of Economic Freedom of the World, which is my favorite annual publication. Not far behind is the Tax Foundation’s State Business Tax Climate Index, which is sort of the domestic version of their equally fascinating (to a...
by Dan Mitchell | Sep 21, 2018 | Blogs, Taxation
Last month, I revealed that even Paul Krugman agreed with the core principle of the Laffer Curve. Today, we have another unlikely ally. Regular readers know that I’m not a big fan of the Organization for Economic Cooperation and Development. The Paris-based...
