by Dan Mitchell | Apr 8, 2025 | Blogs, Taxation
When I write about tax reform, I emphasize that there are three equally important features of the flat tax. One low tax rate on productive behavior. No double taxation of saving and investment. No distorting and inefficient loopholes. Regarding the third...
by Dan Mitchell | Mar 14, 2025 | Blogs, Taxation
Back in 2020, I applauded both Donald Trump and Joe Biden for minimizing their tax payments. Trump cleverly used business losses to reduce the tax burden on his individual income. Biden cleverly used a business structure to avoid onerous Social Security and...
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...
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...
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...
