by Dan Mitchell | Mar 13, 2015 | Blogs, Economics, Taxation
While I sometimes make moral arguments against the current tax system (because it is corrupt, because it doesn’t treat people equally, because it provides unearned wealth for insiders, etc), my main arguments are based on economics. High tax rates on workers and...
by CF&P | Mar 10, 2015 | News, Prosperity Updates
Tax News… A Dynamic Analysis of President Obama’s Tax Initiatives President Obama’s desired tax hikes look even worse when using accurate scoring. Stephen Entin’s analysis for the Tax Foundation reveals his plan “would shrink the economy...
by Dan Mitchell | Mar 8, 2015 | Blogs, Taxation
Like many taxpayers, I personally get upset with the Internal Revenue Service when I file my taxes. But I probably get angrier than the average taxpayer. That’s because I have first-hand knowledge of the waste and fraud in the federal budget, so it galls me that so...
by Dan Mitchell | Mar 5, 2015 | Big Government, Blogs, Constitution, Taxation
I’m not reflexively opposed to executive orders and other unilateral actions by the White House. A president and his appointees, after all, have a lot of regulatory authority. This is because, for better or worse, many of the laws approved in Washington basically...
by Dan Mitchell | Mar 4, 2015 | Blogs, Economics, Taxation
In my 2012 primer on fundamental tax reform, I explained that the three biggest warts in the current system. High tax rates that penalize productive behavior. Pervasive double taxation that discourages saving and investment. Corrupt loopholes and cronyism that bribe...
