by Dan Mitchell | Sep 30, 2025 | Blogs, Economics, Supply Side, Taxation
There are several visual ways of helping people understand how fiscal policy (and especially marginal tax rates) can change behavior. The philoso-raptor meme. The questioning worker. Supply-and-demand curves. The Wizard-of-Id parody. To augment these examples,...
by Dan Mitchell | Sep 28, 2025 | Blogs, Economics, Taxation
I often explain that the Laffer Curve does not mean that tax increases result in less revenue. In the vast majority of cases, politicians will get more money if they raise tax rates. What the Laffer Curve explains is that they probably won’t...
by Dan Mitchell | Sep 23, 2025 | Blogs, Capital Gains, Economics, Supply Side, Taxation
From a big-picture economic perspective, I worry most about the damage of high tax burdens on innovation, entrepreneurship, and investment. Those are things that generate enormous benefits for society, yet also things that...
by Dan Mitchell | Sep 17, 2025 | Blogs, Economics, Taxation
More than 15 years ago, I shared a 2007 video about the corporate income tax. One of my first points in that nine-minute video was that businesses pay the tax, but people bear the burden. I elaborate in this much-shorter clip from a recent...
by Dan Mitchell | Sep 5, 2025 | Blogs, Tax Competition, Taxation
Back in 2012, I mocked French politicians because they were whining about upper-income taxpayers escaping from France. That column discussed well-to-do French taxpayers moving to Belgium, which is also a high-tax welfare state, but has the advantage of...
