by Dan Mitchell | Jul 31, 2025 | Blogs, Capital Gains, Taxation
The Laffer Curve provides incredibly important insights about tax policy. Most important, it informs us that you don’t measure the revenue impact of tax policy changes merely by looking at what is happening to tax rates. You also have to...
by Dan Mitchell | Jun 15, 2025 | Blogs, Economics, Tax Competition, Taxation
What’s the world’s most sure-to-fail policy (as opposed to the world’s most sure-to-fail system, such as socialism)? There are some crazy possibilities, ranging from grandiose schemes such as modern monetary policy to goofy little proposals such...
by Dan Mitchell | Jun 11, 2025 | Big Government, Blogs, Government Spending
One month ago, I explained that the United Kingdom was suffering economic and fiscal deterioration because of a rising burden of government spending. And when a greater share of economic output is diverted to the government, that means slower growth (even...
by Dan Mitchell | May 15, 2025 | Big Government, Blogs, Government Spending
I’m in London today as part of the Free Market Road Show, so let’s focus this column on the grim state of fiscal policy in the United Kingdom. The supposed Conservative Party fell off the wagon of fiscal sobriety starting in 2019 and the Labour...
by Dan Mitchell | May 14, 2025 | Blogs, Economics, Europe
There’s an enormous amount of data showing that people in the United States enjoy much higher livings standards than Europeans. That’s not too surprising since most European governments have adopted large-sized welfare states while...
