by Dan Mitchell | Aug 18, 2024 | Blogs, Economics, Taxation
When I list the principles that should guide tax policy, that almost always means these three goals. Low tax rates on work. No double taxation. No distorting loopholes. And I usually then point out that achieving these goals will get you to (or at least...
by Dan Mitchell | Aug 17, 2024 | Big Government, Blogs
In the words of Yogi Berra, the 2024 presidential race is “Deja vu all over again.” Except it is Kamala Harris and Donald Trump competing to make government bigger instead of Hillary Clinton and Donald Trump doing the same thing. Harris and Trump both...
by Dan Mitchell | Aug 16, 2024 | Blogs, Economics
As a Senator, Kamala Harris embraced all sorts of terrible ideas, such as the Green New Deal and Medicare for All. But she’s now disavowed those proposals in an attempt to make herself seem more reasonable. Trump, by contrast, is consistent. For...
by Dan Mitchell | Aug 15, 2024 | Blogs, States
In 2022, I wrote a two-part series (here and here) about fiscal decay in Illinois. I’m motivated to add Part III today because of this chart from Chris Edwards, which shows how many upper-income taxpayers are moving into a state compared to how...
by Dan Mitchell | Aug 14, 2024 | Blogs, Economics, Free Market
I’ve repeatedly praised Chile’s pro-market reforms (see here, here, and here) and I’ve repeatedly condemned Venezuela’s shift to socialism (see here, here, and here). But if you don’t have time to read all those columns, this chart from...
