by Dan Mitchell | Nov 1, 2021 | Blogs, Economics
When President Biden first proposed a global minimum tax on companies, I immediately warned that creating a corporate tax cartel would be very bad news for workers, consumers, and shareholders. I also warned a BBC audience that proponents...
by Dan Mitchell | Oct 31, 2021 | Big Government, Blogs, Economics, Socialism
Thanks to socialism, Venezuela is a basket case. This video from John Stossel asks if the United States can and should learn from this bad example. The easy answer is yes. Indeed, you can click here and here to get 56 examples of why we...
by Dan Mitchell | Oct 30, 2021 | Big Government, Blogs, Welfare and Entitlements
During his 2012 reelection campaign, Barack Obama created a fictional character named Julia and showed how she could mooch off taxpayers from cradle to grave. Given Biden’s reputation as a plagiarizer, I guess we shouldn’t be surprised that the...
by Dan Mitchell | Oct 29, 2021 | Blogs, Taxation
The good news is that President Biden wants the United States to be at the top. The bad news is that he wants America to be at the top in bad ways. The highest corporate income tax rate.The highest capital gains tax...
by Dan Mitchell | Oct 28, 2021 | Big Government, Blogs, Government Spending, Taxation
After the people of the United Kingdom voted to escape the European Union, I wondered whether the Conservative Party would “find a new Margaret Thatcher” to enact pro-market reforms and thus “take advantage of a golden opportunity” to “prosper in a post-Brexit...
