by Dan Mitchell | Jul 11, 2018 | Blogs, Economics, Supply Side, Taxation
Three years ago, I shared two videos explaining taxation and deadweight loss (i.e., why high tax burdens are bad for prosperity). Today, I have one video on another important principle of taxation. To set the stage for this discussion, here are two simple definitions...
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 | Jul 5, 2018 | Blogs, Taxation
Last week, I shared very grim data, going all the way back to 1880, on the growth of the welfare state. I even claimed that the accompanying graph was the “western world’s most depressing chart” because it showed the dramatic increase in the burden of government...
by Dan Mitchell | Jul 2, 2018 | Big Government, Blogs, Taxation
New Jersey is a fiscal disaster area. It’s in last place in the Tax Foundation’s index that measures a state’s business tax climate. It’s tied for last place in the Mercatus Center’s ranking of state fiscal conditions. And it ranks in the bottom-10 in measures...
by Dan Mitchell | Jun 22, 2018 | Blogs, Taxation
My long-running feud with the Paris-based Organization for Economic Cooperation and Development could be categorized as a fight over tax compliance. The bureaucrats at the OECD say that financial privacy must be eviscerated and the fiscal sovereignty must be wiped...
