by Dan Mitchell | Jan 24, 2018 | Blogs, Economics, Taxation
Last November, I wrote about the lessons we should learn from tax policy in the 1950s and concluded that very high tax rates impose a very high price. About six months before that, I shared lessons about tax policy in the 1980s and pointed out that Reaganomics was a...
by Dan Mitchell | Jan 18, 2018 | Big Government, Blogs, Taxation
Here are three things I’ve written about tax policy. See if you can detect a pattern: I’ve written that I don’t want a value-added tax because the money would be used to finance bigger government. I’ve also explained I don’t want a carbon tax because the revenue from...
by Dan Mitchell | Jan 16, 2018 | Blogs, Economics, Taxation
To put it mildly, Italy’s economy is moribund. There’s been almost no growth for the entire 21st century. Bad government policy deserves much of the blame. According to Economic Freedom of the World, Italy is ranked only 54th, the worst score in Western Europe other...
by Dan Mitchell | Jan 3, 2018 | Blogs, Taxation
When I write an everything-you-need-to-know column, it’s not because I’m under any illusions that I’ve actually amassed all the information one could need on a topic. Instead, it’s just a meme. I’m either writing an in-depth primer on an issue (for instance, spending...
by Dan Mitchell | Jan 2, 2018 | Blogs, Tax Competition, Taxation
During the Obamacare bill-signing ceremony, Vice President Biden had a “hot mic” incident when he was overheard telling Obama that “this is a big f***ing deal.” And he was telling the truth. It was a big deal (albeit a wrong deal) from a fiscal perspective and a...