Expert marksman and Nobel laureate Dick Cheney delighted the Conservative Political Action Conference with the suggestion that free lunch supply-side spin is solid economics: Cheney touted President Bush’s recently announced proposal to create a tax analysis division as a move toward providing more evidence for the administration’s side of the argument. “The president’s tax policies […]

Tyler Cowen cuts through a quarter of a century of free lunch Republican spin in just two sentences: Taxes already were raised when the government spending occurred. In that sense the “tax cuts” never were permanent. This is what I love about conservative economists – they get right to the point. Twenty-five years ago, I’m […]

McKinsey on Dividend Taxes McKinsey is one of the top, many say the best, management consulting firms–hardly a left-wing industry. Among their various activities, they distribute a newsletter, The McKinsey Quarterly. In the latest issue, they have a short piece entitled Eliminating the double taxation of dividends is more notable for what it won’t do […]