by Dan Mitchell | Oct 12, 2025 | Blogs, Economics, Taxation
I wrote a column about taxes and growth in 2020. Let’s augment that analysis by digging into some details. I decided to address the issue today after seeing a tweet with this helpful summary of how different taxes cause different levels of economic...
by Dan Mitchell | Oct 11, 2025 | Big Government, Blogs, Government Spending, Taxation
Given my concern about the negative effects of excessive government spending, as well as my concerns about the consequences of ever-growing government (higher taxes, higher debt, inflation), I’m always very interested to learn about the...
by Dan Mitchell | Oct 8, 2025 | Blogs, Economics, Supply Side, Taxation
Part I of this series looked at how the capital gains tax discourages old people from selling their homes. Part II of this series looked at how a so-called luxury tax was distorting the vehicle market in Australia. For our third installment in the...
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...
