by Dan Mitchell | Feb 17, 2024 | Big Government, Blogs, Regulations
Bureaucrats must have a knee-jerk desire to make citizens miserable. That’s the most logical explanation for their various initiatives to lower our quality of life. Inferior light bulbs Substandard toilets Inadequate washing machines Dribbling showers...
by Dan Mitchell | Feb 16, 2024 | Blogs, Economics
A few years ago, I explained why Tucker Carlson was wrong to cite Hungary a role model. Today, let’s analyze why his (widely condemned) praise of Russia’s economy is utterly delusional. We’ll start with the big-picture comparison based on data from...
by Dan Mitchell | Feb 14, 2024 | Blogs, States, Tax Competition, Taxation
Inflation is having an effect on everything, even policy analysis. Back in 2013, I wrote that Phil Mickelson was “California’s One-Man Laffer Curve” because he wanted to escape the Golden State to save about $1.2 million per year in taxes. But now, when a...
by Dan Mitchell | Feb 13, 2024 | Blogs, States, Taxation
The Laffer Curve is the common-sense notion that people respond to incentives. And even Paul Krugman admits this has implications for tax revenue. For instance, if tax rates increase, people may decide to earn and/or report less taxable income....
by Dan Mitchell | Feb 12, 2024 | Big Government, Blogs, Regulations
There are plenty of problems, but this image reminds me that there are not necessarily government solutions. Indeed, it is quite likely that government created the problems in the first place and that additional government intervention...
