by Dan Mitchell | Apr 12, 2011 | Big Government, Blogs, Government Spending, Taxation
If you are an average American, today is a great day. According to the Tax Foundation, you have finally worked long enough and earned enough money to satisfy the annual tax demands of federal, state, and local governments. This means you now get to keep any additional...
by Dan Mitchell | Apr 11, 2011 | Blogs, Economics, Financial Privacy, Tax Competition, Tax Havens, Taxation
I’m not a big fan of the IRS, but usually I blame politicians for America’s corrupt, unfair, and punitive tax system. Sometimes, though, the tax bureaucrats run amok and earn their reputation as America’s most despised bureaucracy. Here’s an example. Earlier this...
by Dan Mitchell | Apr 4, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation
This Thursday, April 7, Senator Corker of Tennessee will be the opening speaker at the Cato Institute’s conference on “The Economic Impact of Government Spending” (an event that is free and open to the public, so register here if you want to attend). The Senator will...
by CF&P | Apr 3, 2011 | Blogs, Economics, Laffer Curve, Taxation
A new study from the Adam Smith Institute in the United Kingdom provides overwhelming evidence that class-warfare tax policy is grossly misguided and self-destructive. The authors examine the likely impact of the 10-percentage point increase in the top income tax...
by Dan Mitchell | Mar 25, 2011 | Big Government, Blogs, Taxation
I commented yesterday about the silly idea, being promoted by a few politicians, to impose a tax on toilet paper. That post mostly was an opportunity to have some fun mocking greedy government because even a dour pessimist like me doesn’t expect that idea to get very...
