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Taxation Changes Behavior…and History

Taxation Changes Behavior…and History

by Dan Mitchell | Mar 1, 2025 | Blogs, Economics, Taxation

Folks on the left claim high tax burdens won’t hurt growth. Some even assert higher taxes are good for growth. Today, we’re going to give them a history lesson, starting with this video. There are two lessons from the Tax Foundation’s video about what...
Trump’s Cash-for-Citizenship Plan

Trump’s Cash-for-Citizenship Plan

by Dan Mitchell | Feb 26, 2025 | Blogs, Tax Competition, Taxation

About three weeks ago, I suggested a new Theorem of Government to guide immigration policy. I was motivated by a combination of politics and economics, as summarized by these five points. The public does not like mass immigration. Mass immigration generates...
California’s Slow and Steady Fiscal Death

California’s Slow and Steady Fiscal Death

by Dan Mitchell | Feb 16, 2025 | Big Government, Blogs, States, Taxation

California’s top fiscal problem is an ever-growing burden of government spending. In case anyone thinks that is just empty rhetoric, the state budget over the past three decades has risen at twice the rate of inflation. One consequences of ever-expanding...
Goldilocks and the Laffer Curve

Goldilocks and the Laffer Curve

by Dan Mitchell | Feb 8, 2025 | Blogs, Economics, Supply Side, Taxation

Other than Art Laffer, I think of myself as the world’s biggest advocate of the Laffer Curve. I’ve literally written hundreds of columns explaining and promoting the concept. My goal is to help people understand that there is not a linear...
A Second Edition of Trump: Three Hopes, Three Fears

A Second Edition of Trump: Three Hopes, Three Fears

by Dan Mitchell | Jan 20, 2025 | Big Government, Blogs, Economics, Government Spending, Regulations

Yesterday, I celebrated Biden’s exit from Washington. We have 50-plus years of evidence showing he is a corrupt, big-government mediocrity. Good riddance. But Biden being bad does not imply Trump being good. Instead, he’s an incoherent mix. Some of his...
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