David R. Henderson is an Emeritus Professor of Economics at the Naval Postgraduate School in Monterey, California, a Research Fellow with the Hoover Institution at Stanford University, and a Senior Fellow with Canada’s Fraser Institute. He was previously a senior economist for health policy and for energy policy with President Reagan's Council of Economic Advisers.
David is the editor of The Concise Encyclopedia of Economics, the only reader-friendly encyclopedia of economics, and has written 2 other books, The Joy of Freedom: An Economist’s Odyssey and Making Great Decisions in Business and Life (co-authored with Charles L. Hooper.) As well as publishing in academic journals, he has written over 300 articles for such popular publications as the Wall Street Journal, New York Times, Barron's, Fortune, Los Angeles Times, Washington Post, USA Today, Chicago Tribune, National Review, Defining Ideas, and Reason.
He has testified before the House Ways and Means Committee, the Senate Armed Services Committee, and the Senate Committee on Labor and Human Resources. He has also appeared on C-SPAN, CNN, the Jim Lehrer Newshour, the John Stossel show, the O’Reilly Factor, the Ingraham Angle, MSNBC, RT, NPR, CBC, and the BBC.
Born in Canada, he moved to the United States in 1972 to earn his Ph.D. in economics at UCLA. He became a U.S. citizen in April 1986.
Cuts in State Income Tax Rates Continue
More states are cutting their income tax rates, and that's good for three reasons.
The U.S. Tax Rate on Capital is Rising
Allowing the expensing of capital investment to phase out, as it's scheduled to do, would effectively increase taxes on business, with all the downsides that come with a tax increase.
We Need Another George Harrison
The Beatles learned the hard way how greedy the government can be.
When Is Income Not Income?
The Washington state legislature and supreme court are ignoring the plain language of the state's constitution in order to impose a virtue-signaling capital gains tax on the wealthy.
The Unconstitutional, Unjust, and Destructive Tax on Unrealized Capital Gains
Biden's tax on unrealized capital gains joins my growing list of the worst tax proposals.
The Worst of the Biden Tax Increases
There are a number of candidates for the title of "Worst Tax Increases" in Biden's new tax proposals. Here's my two worst options.
Stock Buybacks are Good, Not Bad
Despite Democratic criticisms, there are good economic reasons why some companies choose to buy back their own stocks.
More Good News on State Taxes
States that have a low flat rate or no state income tax are seeing significant revenue growth.
Taxing Wealth Is Taxing Work
President Biden's effort to punish the wealthy with higher taxes reveals, yet again, that he doesn't understand either wealth or tax rates.
Constitutions Matter for Tax Rates
One benefit of a flat tax is that legislators can't stick it to high-income individuals and corporations without sticking it to everyone.