by Dan Mitchell | Oct 31, 2017 | Blogs, Taxation
I’ve been arguing all year that a substantially lower corporate tax rate is the most vital goal of tax reform for reasons of competitiveness. And I continued to beat that drum in an interview last week with Fox Business. The Wall Street Journal agrees that the time...
by Dan Mitchell | Oct 28, 2017 | Big Government, Blogs, Government Spending, Welfare and Entitlements
I’ve responded to all sorts of arguments against lower taxes. Tax cuts are “unfair” because rich people will benefit. Tax cuts are wrong because revenue should be going up, not down. Tax cuts are pointless because the economy won’t grow faster. Tax cuts are misguided...
by Dan Mitchell | Oct 25, 2017 | Blogs, Taxation
I’ve written a couple of times to explain why the deduction for state and local taxes should be eliminated as part of pro-growth tax reform. One of my main arguments, as I pointed out at the beginning of this interview, is that Republicans are generally unwilling to...
by Dan Mitchell | Oct 22, 2017 | Big Government, Blogs, Economics, Government Spending, Taxation
The cossetted bureaucrats at the International Monetary Fund are on a roll. In the past few months, they’ve published reports pushing a very misguided and statist agenda. In June, I wrote about the IMF pushing a theory that higher taxes would improve growth in the...
by Dan Mitchell | Oct 19, 2017 | Big Government, Blogs, Taxation
I’ve written several times that the left wants big tax hikes on poor and middle-class taxpayers. Simply stated, that’s the only way they can finance a European-sized welfare state. Some of them even admit they want to pillage ordinary taxpayers. The editors at the New...