by Dan Mitchell | Oct 15, 2022 | Blogs, Taxation
Because of her support for lower tax rates, I was excited when Liz Truss became Prime Minister of the United Kingdom. Especially since her predecessor, Boris Johnson, turned out to be an empty-suit populist who supported higher taxes and...
by Dan Mitchell | Oct 5, 2022 | Blogs, Tax Competition, Taxation
A big division among economists is whether taxes have a big or small impact on incentives. If taxpayers are very responsive, that means more economic damage (to use the profession’s jargon, a greater level of deadweight loss). If you’re wondering which economists...
by Dan Mitchell | Oct 3, 2022 | Uncategorized
A wealth tax is an extraordinarily destructive way for governments to generate revenue. It violates the principles of sensible tax policy and it does a lot of damage since people have less incentive to save and invest. It’s...
by Dan Mitchell | Sep 28, 2022 | Blogs, Economics, Taxation
It is disappointing that the bureaucrats at the International Monetary Fund routinely advocate for higher taxes and bigger government in nations from all parts of the world (for examples,...
by Dan Mitchell | Sep 24, 2022 | Big Government, Blogs, Government Spending
I strongly supported Brexit in part because I wanted the United Kingdom to have both the leeway and the incentive to adopt pro-market policies. Imagine my disappointment, then, when subsequent Conservative Prime Ministers did nothing...
