by Dan Mitchell | Jun 10, 2010 | Blogs, Europe, Flat Tax, Tax Competition, Taxation
I gave a speech in Hungary about two weeks ago and now the government has announced a big step in the direction of better fiscal policy. According to Reuters, “Hungary’s new government plans to introduce a flat personal income tax of 16 percent from 2011,...
by Dan Mitchell | Jun 9, 2010 | Blogs, Economic Growth, Taxation
I may as well confess that I have a man-crush on Governor Christie. It’s not nearly as bad as Andrew Sullivan’s fixation on Obama (and it certainly hasn’t involved me changing my views), but this video and the excerpt below are two examples of a...
by Dan Mitchell | Jun 5, 2010 | Blogs, Flat Tax, Taxation
I have a question for my friends who support a national sales tax. First, some background. Beginning with the defeat of Woody Jenkins in his Louisiana Senate race back in the 1990s, various versions of the national sales tax have caused political headaches for GOP...
by Dan Mitchell | Jun 4, 2010 | Big Government, Blogs, Taxation, VAT
Paul Volcker is a typical Washington insider who maintains his favorable connections by endorsing bigger government. In recent months, he’s been busy supporting a value-added tax. Now he is saying that it is absolutely critical to address the deficit....
by Dan Mitchell | Jun 3, 2010 | Blogs, Europe, Taxation
David Ranson had a good column earlier this week in the Wall Street Journal explaining that federal tax revenues historically have hovered around 19 percent of gross domestic product, regardless whether tax rates are high or low. One reason for this relationship, as...