by Dan Mitchell | May 11, 2012 | Blogs, Tax Competition, Taxation
It is very sad that America’s tax system is so onerous that some rich people feel they have no choice but to give up U.S. citizenship in order to protect their family finances. I’ve written about this issue before, particularly in the context of Obama’s class-warfare...
by Dan Mitchell | Apr 28, 2012 | Big Government, Blogs, Government Spending, Taxation
I’ve complained endlessly that America’s fiscal problem is too much spending, and that deficits and debt are best understood as symptoms of that underlying disease. So I’m obviously a big fan of this new video from the folks at Learn Liberty. I like how they use...
by Dan Mitchell | Apr 23, 2012 | Blogs, Capital Gains, Economics, Taxation
A good tax system (like the flat tax) does not impose extra layers of tax on income that is saved and invested. I’ve tried to emphasize this point with a flowchart, and I’ve defended so-called trickle-down economics, which is nothing more than the common-sense notion...
by Dan Mitchell | Apr 21, 2012 | Blogs, Economics, Laffer Curve, Tax Competition, Taxation
I’ve done a couple of posts comparing Reaganomics and Obamanomics, mostly based on data from the Minneapolis Federal Reserve on employment and economic output. I even did a TV interview on the subject, which generated some comments on my taste in clothing, and also...
by Dan Mitchell | Apr 18, 2012 | Blogs, Economics, Laffer Curve, Taxation
I think high tax rates on certain classes of citizens are immoral and discriminatory. If the government is going to collect revenue, all taxpayers should be treated equally, with something akin to a simple flat tax. But most people don’t seem to care about having the...
