by Dan Mitchell | Nov 10, 2017 | Blogs, Economics, Laffer Curve, Taxation
Since there’s a big debate about whether there should be tax cuts and tax reform in the United States, let’s see what we can learn from abroad. And let’s focus specifically on whether changes in tax policy actually produce “revenue feedback” because of the Laffer...
by Dan Mitchell | Nov 4, 2017 | Blogs, Economics, Taxation
My view on the Drug War is somewhat schizophrenic. In my personal life, I’m basically a social conservative. I don’t like drugs, I’ve never tried drugs, and I urge others to behave the same way. But I know that prohibition is a costly failure that leads to abusive...
by Dan Mitchell | Nov 3, 2017 | Blogs, Taxation
The swamp is pulsating with excitement. For the lobbying community, tax reform is like Christmas. No matter what happens, they win because of lucrative retainers and fat contracts. And what about libertarian policy wonks? What do we get? Well, we look at the...
by Dan Mitchell | Nov 2, 2017 | Blogs, Economics, Taxation
House Republicans have unveiled their much-anticipated tax plan. Is this something to celebrate? Well, that depends on whether you’re grading on a curve. Compared to a pure, simple, and fair flat tax, it’s timid and disappointing. But compared to today’s wretched and...
by Dan Mitchell | Nov 1, 2017 | Blogs, Taxation
It’s not easy being a libertarian in the policy world of Washington. I view the flat tax as a timid intermediate step, with the real goal being a tiny federal government (like the Founding Fathers envisioned) that can be financed without any broad-based tax. Yet even...
