by Dan Mitchell | Jan 27, 2012 | Blogs, Economics, Europe, Laffer Curve, Taxation
One year ago, I wrote about how the French government was getting unexpected additional revenues following the implementation of lower tax rates. This is the Laffer Curve in action, and it’s happening again in France, only this time because the government reduced the...
by Dan Mitchell | Jan 24, 2012 | Blogs, Capital Gains, Taxation
Last night’s GOP debate did nothing to change my sour opinion of Mitt Romney. During a discussion about tax reform, he attacked Newt Gingrich for the supposed crime of not wanting to double tax capital gains. Here’s how Politico reported the exchange. Newt Gingrich...
by Dan Mitchell | Jan 21, 2012 | Big Government, Blogs, Economics, Government Spending, Laffer Curve, States, Taxation
Two days ago, I explained that tax increases are bad policy. More specifically, I warned that giving more money to government exacerbates fiscal problems because politicians respond to the expectation of more revenue by spending more than otherwise would be the case....
by Dan Mitchell | Jan 21, 2012 | Big Government, Blogs, Economics, Europe, Government Spending, Taxation
The German Chancellor and French President have put together a plan to boost growth. Sounds like a good goal, but what specifically are they proposing? Some of the obvious ideas include: Lowering tax rates to boost incentives for productive behavior. Reducing the...
by Dan Mitchell | Jan 20, 2012 | Big Government, Blogs, Government Spending, Taxation
I don’t blame the Democrats for wanting to seduce Republicans into a tax-increase trap. Indeed, I completely understand why some Democrats said their top political goal was getting the GOP to surrender the no-tax-hike position. I’m mystified, though, why some...
