by Dan Mitchell | May 2, 2023 | Blogs, Tax Competition, Taxation
The economic policy lessons from Latin America are very clear. There’s one unambiguous success story (at least until the past couple of years), one semi-decent success story, and then a bunch of utter failures. What’s interesting (and tragic) is...
by Dan Mitchell | May 1, 2023 | Big Government, Blogs, Crime, Society
It’s hard to pick the worst government policy since there are so many options. Death tax – The IRS penalizing saving and investment by grabbing money just because someone dies.Fannie Mae and Freddie Mac – Government entities that helped give us the 2008...
by Dan Mitchell | Apr 30, 2023 | Blogs, Tax Competition, Taxation
I realize it’s not nice to take pleasure in the misfortune of others, but that rule does not apply when bad things happen to greedy politicians. As such, I greatly enjoy reading about when taxpayers “vote with their feet” by moving from high-tax jurisdictions to...
by Dan Mitchell | Apr 29, 2023 | Blogs, Taxation
I’ve written many times about the harmful consequences of the federal death tax. Simply stated, it is both immoral and foolish for the IRS to grab as much as 40 percent of someone’s assets simply because they die. That drains private capital from...
by Dan Mitchell | Apr 28, 2023 | Big Government, Blogs, Government Spending
Earlier this month, I wrote separate columns about the spending cap in Switzerland (the “debt brake“) and the spending cap in Colorado (“TABOR“). In this clip from my appearance on Let People Prosper, I explain those spending caps are the gold...
