by Dan Mitchell | Aug 7, 2022 | Big Government, Blogs, Taxation
Yesterday’s column explained that lobbyists are big winners when the size and scope of government increases. For instance, a bigger budget means special interests hire lobbyists to obtain ever-larger slices of pork.Moreover, added red...
by Dan Mitchell | Aug 6, 2022 | Big Government, Blogs
Since I went to the archives for a video yesterday, let’s do the same thing today. Here’s my 2009 video about the close link between the size of government and the level of corruption. I’m recycling this video because President Biden and his allies in Congress are...
by Dan Mitchell | Aug 5, 2022 | Blogs, Economics, Taxation
Back in 2009, I narrated a video about the downsides of class-warfare tax policy. But if you don’t want to spend eight minutes watching the video (or 14 minutes watching this video), here’s a visual that summarizes why high tax rates discourage...
by Dan Mitchell | Aug 4, 2022 | Big Government, Blogs, Government Spending
I don’t like shoveling more money at a corrupt IRS, hurting jobs with higher taxes on “book income,” price controls on prescription drugs, or green-energy pork. But, as explained in this video clip, the insult added to injury is that the...
by Dan Mitchell | Aug 3, 2022 | Blogs, Economics, Taxation
The capital gains tax is double taxation, and that’s a bad idea (assuming the goal is faster growth and higher wages). Let’s consider how it discourages investment. People earn money, pay tax on that money, and then need to...
