by Dan Mitchell | Aug 19, 2014 | Blogs, Economics, Taxation
What do cigarettes and capital gains have in common? Well, they both start with the same letter, so maybe the Cookie Monster could incorporate them into his favorite song, but I’m thinking about something else. Specifically, both cigarettes and capital gains tell us...
by Dan Mitchell | Aug 17, 2014 | Blogs, Taxation
I like to think that very few people despise Obamacare more than me. I don’t like Obamacare because it’s a fiscal boondoggle. I don’t like Obamacare because it’s bad healthcare policy. I don’t like Obamacare because it generated an embarrassingly bad decision by the...
by Dan Mitchell | Aug 15, 2014 | Blogs, Taxation
I don’t like international bureaucracies because they generally push for policies that expand the burden of government and undermine economic growth. But I recognize that there are some good people who work at these institutions and I’m always willing to acknowledge...
by Dan Mitchell | Aug 13, 2014 | Blogs, Tax Competition, Taxation
Last month, I put together a list of six jaw-dropping examples of left-wing hypocrisy, one of which featured Treasury Secretary Jacob Lew. He made the list for having the chutzpah to criticize corporate inversions on the basis of supposed economic patriotism, even...
by Dan Mitchell | Aug 8, 2014 | Blogs, Economics, Taxation
I’m a long-time proponent of the flat tax for three simple reasons. 1. It replaces the discriminatory “progressive” tax with a single tax rate at the lowest possible level, thus reducing the tax penalty on productive behavior. 2. It gets rid of all forms of double...