by Dan Mitchell | Aug 12, 2018 | Blogs, Tax Competition, Taxation
Two months ago, I shared some data on private gun ownership in the United States and declared that those numbers generated “The Most Enjoyable Graph of 2018.” Now I have something even better because it confirms my hypothesis about tax competition being the most...
by Dan Mitchell | Aug 11, 2018 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
I’ve been writing about the Laffer Curve for decades, making the simple point that there’s not a linear relationship between tax rates and tax revenue. To help people understand, I ask them to imagine that they owned a restaurant and decided to double prices. Would...
by Dan Mitchell | Jul 31, 2018 | Blogs, Economics, Supply Side, Taxation
In the past few years, I’ve bolstered the case for lower tax rates by citing country-specific research from Italy, Australia, Germany, Sweden, Israel, Portugal, South Africa, the United States, Denmark, Russia, France, and the United Kingdom. Now let’s look to the...
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 28, 2018 | Big Government, Blogs, Government Spending, Taxation
Shortly after the fiscal crisis began in Greece, I explained that the country got in trouble because of too much government spending. More specifically, I pointed out that the country was violating my Golden Rule, which meant that the burden of spending was rising...
