Econ Comments & Analysis
Real Clear Markets | It's Time to Abolish the Mortgage Interest Deduction
The Washington establishment remains impregnable to the simple truths of responsible financial management. This fact is no longer a secret for the vast majority of Americans, who, unfortunately for their own financial wellbeing, now follow the political class in support of policies that will weigh us down for decades to come.
Blogs
CATO | CBO’s Tax Expenditure Report Uses Wrong Benchmark, Overstates Loopholes
As a long-time advocate of tax reform, I’m not a fan of distortionary loopholes in the tax code. Ideally, we would junk the 74,000-page internal revenue code and replace it with a simple and fair flat tax - meaning one low rate, no double taxation, and no favoritism.*
