My message is simple and straightforward. It’s possible to design a carbon tax that is theoretically appealing. Simply use all the revenue to get rid of some other tax that causes greater economic harm, such as the corporate income tax, which is basically the same argument that leads some folks to like the value-added tax.
Daniel J. Mitchell is a top expert on tax reform and supply-side tax policy and is Chairman of the Center for Freedom and Prosperity. Mitchell is a strong advocate of a flat tax and international tax competition.
July 25, 2018, 11:03 AM EDT
July 17, 2018, 2:47 PM EDT
If you did man-on-the-street interviews across America and asked people about Social Security, I suspect most of them would have some degree of understanding about the program’s looming fiscal crisis.
July 10, 2018, 2:25 PM EDT
Guided by the principles of a simple and fair flat tax, I’ve been toiling for decades in the vineyard of tax reform. At the risk of mixing my metaphors, I usually feel like Don Quixote, engaged in a futile quest. Convincing politicians to reduce their power is not an easy task, after all.
July 2, 2018, 4:26 PM EDT
During the Obama years, I used data from the Minneapolis Federal Reserve to explain that the economic recovery was rather weak. And when people responded by pointing to a reasonably strong stock market, I expressed concern that easy-money policies might be creating an artificial boom.
June 20, 2018, 11:00 AM EDT
I wrote last month about a new book from the Fraser Institute about demographics and entrepreneurship.
June 8, 2018, 3:21 PM EDT
Writing a column every day can sometimes be a challenge, in part because of logistics (I have to travel a lot, which can make things complicated), but also because I want to make sure I’m sharing interesting and relevant information.
June 4, 2018, 3:25 PM EDT
Better economic performance is the most important reason to adopt pro-growth reforms such as the Tax Cuts and Jobs Act of 2017.
May 30, 2018, 9:11 AM EDT
In 2016, I toured the Tuol Sleng Genocide Museum in Cambodia, which memorializes the victims of communist butchery in that nation.
May 23, 2018, 2:04 PM EDT
Conservative policymakers are all-too-familiar with the problems associated with government contractors ripping off taxpayers. Look no further than the $464 million Healthcare.gov website that became an $824 million boondoggle, or Orlando’s $250 million Veterans Affairs hospital that doubled in cost to see that cost overruns is often the major consequence.
May 14, 2018, 4:26 PM EDT
A couple of weeks ago, I expressed disgust that the President of the European Commission was going to give a speech commemorating the 200th birthday of Karl Marx.
May 8, 2018, 12:45 PM EDT
Education spending and teacher pay has become a big issue in certain states.
May 3, 2018, 10:38 AM EDT
Because of their aggressive support for bigger government, my least-favorite international bureaucracies are the International Monetary Fund and the Organization for Economic Cooperation and Development.
April 30, 2018, 8:38 AM EDT
I’ve repeatedly expressed skepticism about the idea of governments providing a “basic income” because I fear the work ethic will (further) erode if people automatically receive a substantial chunk of money.
April 23, 2018, 3:21 PM EDT
On April 17, the Supreme Court heard oral arguments in South Dakota v. Wayfair, Inc., a case dealing with whether states should have the power to levy taxes on companies in other states.
April 16, 2018, 2:40 PM EDT
Back in 2013, I shared a poll to see who people would pick as their “favorite political cartoonist.” Michael Ramirez currently has the lead, which doesn’t surprise me when you look at options (here, here, here, and here) I provided.
April 12, 2018, 9:36 AM EDT
I’m in Brussels, where I’m participating in an “Economic Freedom Summit” on the unfriendly turf of the European Parliament.
April 6, 2018, 9:01 AM EDT
I’m a big fan of federalism because states have the flexibility to choose good policy or bad policy.
April 3, 2018, 10:06 AM EDT
As far as I’m concerned, everything you need to know about capitalism vs. statism is captured in this chart comparing per-capita economic output in Chile and Venezuela.
March 30, 2018, 3:56 PM EDT
I don’t own an AR-15. I’m not a “gun person,” whatever that means. I hardly ever shoot. And I never hunt.
March 23, 2018, 4:19 PM EDT
One of the key principles of a free society is that governmental power should be limited by national borders.