by Dan Mitchell | Feb 5, 2024 | Blogs, Taxation
I explained the benefits of a flat tax in a video 14 years ago. And I’ve since shared two videos (here and here) of Steve Forbes arguing for a flat tax. If those are not enough, here’s a recent presentation I made about tax reform for...
by Dan Mitchell | Jan 30, 2024 | Blogs, Taxation, VAT
I wrote 10 days ago about why a value-added tax would be a mistake for the United States. To help reinforce that argument, here’s a new map from the Tax Foundation showing VAT rates on the other side of the Atlantic Ocean. With a few exceptions...
by Dan Mitchell | Jan 24, 2024 | Blogs, States, Tax Competition, Taxation
Almost exactly one year ago, I wrote a column about a coordinated effort to impose class-warfare tax increases in seven left-wing states. Fortunately, that effort fizzled. Meanwhile, there was continued progress in other states to lower tax rates. The net...
by Dan Mitchell | Jan 23, 2024 | Big Government, Blogs, Economics, Government Spending, Taxation
The Laffer Curve is the common-sense notion that there is not a simplistic mechanical relationship between tax rates and tax revenue. You also have to consider potential changes to what’s being taxed. I’ve cited interesting case studies...
by Dan Mitchell | Jan 20, 2024 | Blogs, Taxation, VAT
I wrote yesterday to criticize Andrew Biggs of the American Enterprise Institute and Alicia Munnell of Boston College for suggesting a $3 trillion 10-year tax increase on IRAs and 401(k)s. My column explained that more double taxation was a bad idea, and I...
