by Dan Mitchell | Nov 17, 2018 | Blogs, Taxation
I’m a big fan of tax competition because politicians (i.e., stationary bandits) are far more likely to control their greed (i.e., keep tax burdens reasonable) if they know taxpayers have the ability to shift economic activity to lower-tax jurisdictions. For all...
by Dan Mitchell | Nov 14, 2018 | Blogs, Taxation
The most disturbing outcome of the recent mid-term election isn’t that Alexandria Ocasio-Cortez will be a Member of Congress. I actually look forward to that because of the humor value. Instead, with the Democrats now controlling the House of Representatives, I’m more...
by Dan Mitchell | Nov 4, 2018 | Blogs, Economics, Taxation
There are three reasons why the right kind of tax reform can help the economy grow faster. Lower tax rates give people more incentive to earn income. Less double taxation boosts incentives to save and invest. Fewer loopholes improves incentives for economic...
by Dan Mitchell | Nov 3, 2018 | Blogs, Taxation
The mid-term elections take place on Tuesday and the crowd in DC is focused on who will control the House and Senate. I’ll make my (sometimes dubious, sometimes accurate) congressional predictions next week. The goal today is to call attention to the key initiatives...
by Dan Mitchell | Nov 2, 2018 | Blogs, Taxation
President Trump thinks he can boost Republicans next Tuesday by promising a new round of tax relief for the middle class. I’m skeptical of his sincerity, as noted in this segment from a recent interview, but I also warn that his proposed tax cut is impractical because...