by Dan Mitchell | Mar 13, 2024 | Blogs, Taxation
Three years ago, I debunked a very sloppy report about tax policy. The authors, David Hope and Julian Limberg, wanted readers to believe that lower marginal tax rates did not improve economic performance. But there were major methodological flaws...
by Dan Mitchell | Mar 5, 2024 | Blogs, Economics, Supply Side, Taxation
When trying to educate someone about the importance of low marginal tax rates, what’s the most-convincing visual? A supply-and-demand graph? A philoso-raptor meme? A cartoon with two doors? A Dan Mitchell hypothetical? I’m partial to...
by Dan Mitchell | Feb 18, 2024 | Blogs, Tax Competition, Tax Harmonization, Taxation
I support tax competition because it is our best hope of avoiding “goldfish government.” As such, I’m very opposed to tax harmonization schemes, all of which are designed to make it easier for politicians to impose higher tax burdens. . That’s why...
by Dan Mitchell | Feb 14, 2024 | Blogs, States, Tax Competition, Taxation
Inflation is having an effect on everything, even policy analysis. Back in 2013, I wrote that Phil Mickelson was “California’s One-Man Laffer Curve” because he wanted to escape the Golden State to save about $1.2 million per year in taxes. But now, when a...
by Dan Mitchell | Feb 13, 2024 | Blogs, States, Taxation
The Laffer Curve is the common-sense notion that people respond to incentives. And even Paul Krugman admits this has implications for tax revenue. For instance, if tax rates increase, people may decide to earn and/or report less taxable income....
