by Dan Mitchell | Jul 11, 2019 | Blogs, Taxation
I wrote last month about a group of leftist millionaires who said they should pay more in taxes. My response was to ask why they aren’t taking advantage of the existing process that allows them to send extra money to the federal government? There’s even a special...
by Dan Mitchell | Jul 8, 2019 | Blogs, Taxation
Every so often, I share very weird stories about government regulations, from both America and around the world. And when I say weird, I’m not exaggerating. But we also have some strange examples of tax loopholes. I’m not talking about corporate jets, which should be...
by Dan Mitchell | Jul 4, 2019 | Blogs, Taxation, Trade
For my annual Independence Day columns, I sometimes try to make serious points, such as last year when I shared the very wise words of Calvin Coolidge, who is probably America’s most-underappreciated president. Or when I wrote about the proper meaning of patriotism,...
by Dan Mitchell | Jun 29, 2019 | Blogs, Economics, Flat Tax, States, Taxation
Regarding fundamental tax reform, there have been some interesting developments at the state level in recent years. Utah, North Carolina, and Kentucky have all junked their so-called progressive systems and joined the flat tax club. That’s the good news. The bad news...
by Dan Mitchell | Jun 28, 2019 | Uncategorized
There’s general agreement among public finance experts that personal income taxes and corporate income taxes, on a per-dollar-collected basis, do the most economic damage. And I suspect there’s a lot of agreement that this is because these levies often have high...
