by Dan Mitchell | Dec 18, 2022 | Blogs, Education, Taxation
Since my specialty in economics is fiscal policy, I’m used to wonky (and perhaps boring) debates about topics such as marginal tax rates, Keynesianism, and the Armey-Rahn Curve. But there’s also a moral component to fiscal...
by Dan Mitchell | Dec 13, 2022 | Blogs, Taxation
It is economically foolish to have high tax rates, double taxation, and corrupt loopholes. The answer, as Steve Forbes explains in this video, is the flat tax. He makes excellent points, similar to the analysis I shared in my 2010 video....
by Dan Mitchell | Nov 30, 2022 | Blogs, Taxation
I’ve written dozens of articles about the Laffer Curve and most of that verbiage can be summarized in these five points. The Laffer Curve helps to illustrate that excessive tax rates result in less taxable activity.All public finance economists –...
by Dan Mitchell | Nov 26, 2022 | Blogs, States, Taxation
Looking at reforms at the state level, the past two years have produced very good news on education policy and tax policy. Regarding the latter, many states have lowered tax rates and several of them have junked so-called progressive tax systems and...
by Dan Mitchell | Nov 16, 2022 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Last week, I explained that “supply siders” need to be ardent advocates of spending restraint. After all, there is no chance of good tax policy in the future if the burden of federal spending continues to expand. I also wrote about “national conservatives”...
