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International Bureaucracies Push for More Poverty in Latin America

International Bureaucracies Push for More Poverty in Latin America

by Dan Mitchell | Aug 12, 2022 | Big Government, Blogs, Taxation

Even though they ostensibly exist to promote economic growth, the International Monetary Fund (IMF) and Organization for Economic Cooperation and Development (OECD) have an unfortunate track record of promoting higher taxes and bigger government. Not that we...
Small Government Is Good Policy…and Good Politics

Small Government Is Good Policy…and Good Politics

by Dan Mitchell | Aug 11, 2022 | Big Government, Blogs, Taxation

I’m a policy wonk rather than a political pundit. But since part of my job is educating politicians, I can’t simply rely on arguments about what’s best for the country. I also have to convince them that they can enact good policy while also...
Taxing Stock Buybacks: Bad for Workers and Investors

Taxing Stock Buybacks: Bad for Workers and Investors

by Dan Mitchell | Aug 10, 2022 | Blogs, Taxation

Whenever I discuss the varying types of double taxation on saving and investment (capital gains tax, dividend tax, corporate income tax, death tax, wealth tax, etc), I always emphasize that such levies discourage capital...
Big Government, Big Business, and the Clowns at the Chamber of Commerce

Big Government, Big Business, and the Clowns at the Chamber of Commerce

by Dan Mitchell | Aug 9, 2022 | Big Government, Blogs

Supporting free enterprise does not mean supporting big companies. Why? Because as John Stossel and Tim Carney discuss, big businesses are more than willing to get into bed with big government and oppose capitalism. The goal should be genuine consumer-driven,...
Government Intervention Hurts the Poor

Government Intervention Hurts the Poor

by Dan Mitchell | Aug 8, 2022 | Big Government, Blogs, Economics

A big argument for free enterprise over statism is that the former delivers growth while the latter leads to stagnation. And that’s very apparent when you review decades of data. The case for capitalism is especially powerful if you care...
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