by Dan Mitchell | Jan 29, 2026 | Blogs, Economics, Laffer Curve, Taxation
Unless you’re a policy wonk, I realize “exciting” may not be the right word to describe new developments in public-finance economics. For nerds, however, three economists at the Joint Committee on Taxation have some important new research on the Laffer...
by Dan Mitchell | Jan 28, 2026 | Blogs, Economics, Taxation, Welfare and Entitlements
Every year or so, I share data showing that a European-sized welfare state requires massive tax increases on lower-income and middle-class household. Let’s add another to the list. Here’s a chart comparing tax burdens on middle-class Americans and middle-class people...
by Dan Mitchell | Jan 23, 2026 | Blogs, Economics, Taxation
Given my libertarian sensibilities, I think people who earn money deserve to keep as much of their income as possible. At least 90 percent. Given my economic training, I think people who earn money should get to keep as much of their income as possible because I...
by Dan Mitchell | Jan 13, 2026 | Blogs, States, Tax Competition, Taxation
As I wrote last month, I sort of hope that California voters approve a referendum approved that would impose a huge wealth tax on California’s most-successful investors, entrepreneurs and business owners. But I’m not cheering for a bad...
by Dan Mitchell | Jan 7, 2026 | Blogs, Taxation
I pointed out in both 2016 and 2022 that the United States has the most “progressive” tax system among rich nations. In other words, compared to other developed nations, the rich in America pay the largest share of the fiscal burden. Today, let’s...
