by Dan Mitchell | Oct 26, 2011 | Blogs, Taxation, VAT
The Secretary of the Treasury, Tim Geithner, is infamous for conveniently forgetting to pay tax on $80,000 of income and then getting kid-glove treatment from the IRS when his crime was uncovered. Not only did Geithner avoid even a slap on the wrist, he was confirmed...
by Dan Mitchell | Oct 16, 2011 | Blogs, Economics, Taxation, VAT
Actually, the title of this post should probably read, “The Good, Good, Good, Bad, and the Ugly.” That’s because Herman Cain’s 9-9-9 tax plan has low tax rates, it eliminates double taxation, and it wipes out loopholes, and those are three very big and very good...
by Dan Mitchell | Oct 14, 2011 | Blogs, Taxation, VAT
I’m very enthusiastic – but also a little worried – about Herman Cain’s tax plan. So when I got the opportunity to write a short column for the New York Times, I explained that his proposal was very good tax policy, in large part because it is based on the same...
by Dan Mitchell | Oct 12, 2011 | Blogs, Economics, Taxation, VAT
I like the overall approach of Herman Cain’s 9-9-9 tax plan. As I recently wrote, it focuses on lower tax rates, elimination of double taxation, and repeal of corrupt and inefficient loopholes. But I included a very important caveat. The intermediate stage of his...
by Dan Mitchell | Aug 31, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation, VAT
I’m normally disappointed when religious figures comment on economics, particularly since they often turn the individual call to charity into a blank check for government-coerced redistribution. This runs contrary to individual choice, free will, and morality. So I’m...
