by Dan Mitchell | May 22, 2021 | Big Government, Blogs, Government Spending, Taxation
I’ve shared all sorts of online quizzes that supposedly can detect things such as whether you’re a pure libertarian. Or even whether you’re a communist. Today, courtesy of the folks at the Committee for a Responsible Budget, you can agree or...
by Dan Mitchell | May 20, 2021 | Blogs, Economics, Taxation
About one week ago, I shared some fascinating data from the Tax Foundation about how different nations penalize saving and investment, with Canada being the worst and Lithuania being the best. I started that column by noting that there are three important...
by Dan Mitchell | May 14, 2021 | Taxation
There are three important principles for sensible tax policy. Low marginal tax rates on productive behaviorNo tax bias against capital (i.e., saving and investment)No tax preferences that distort the economy Today, let’s focus on #2. I’ve written many times about...
by Dan Mitchell | May 12, 2021 | Blogs, Taxation
Back in 2015, I joked that my life would be simpler if I had an “automatic fill-in-the-blanks system” for columns dealing with the Organization for Economic Cooperation and Development. Here’s what I proposed. We can use this shortcut today because the OECD has...
by Dan Mitchell | May 1, 2021 | Big Government, Blogs, Economics, Government Spending
Good fiscal policy means low tax rates and spending restraint. And that’s a big reason why I’m a fan of Reaganomics. Unlike other modern presidents (including other Republicans), Reagan successfully reduced the tax burden while...
