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Illinois and the Consequences of Bad Tax Policy

Illinois and the Consequences of Bad Tax Policy

by Dan Mitchell | Aug 27, 2021 | Blogs, Taxation

At the risk of understatement, Illinois is not a well-governed state. Greedy (and hypocritical) politicians have taxed and spent the state into a fiscal hole. It ranks in the top 10 for unemployment.It ranks in the bottom 10 for...
The (Accelerated) Europeanization of America

The (Accelerated) Europeanization of America

by Dan Mitchell | Aug 26, 2021 | Big Government, Blogs, Economics

I periodically warn that the United States is on a path to become a European-style welfare state. That sounds good to some people since it implies lots of goodies paid for by other people. So I always explain that there’s a downside. The economic...
Honest Leftists: “Your Money Is Our Money”

Honest Leftists: “Your Money Is Our Money”

by Dan Mitchell | Aug 25, 2021 | Blogs, Taxation

What motivates the tax-and-spend crowd? Why do they want high tax rates and a big welfare state? The most charitable answer is that they don’t want anyone to suffer from poverty and they mistakenly think big government can solve...
What Happens When Politicians Get Too Greedy?

What Happens When Politicians Get Too Greedy?

by Dan Mitchell | Aug 24, 2021 | Blogs, States, Taxation

I’ve been asked why I periodically mock politicians. The simple answer is that they often deserve our scorn. It’s not that they’re evil or bad people, but their incentive structure generally leads them to make shallow,...
A Primer on Free Enterprise vs. Big Government

A Primer on Free Enterprise vs. Big Government

by Dan Mitchell | Aug 23, 2021 | Blogs, Economics, Free Market

I’ve made the case for capitalism (Part I, Part II, Part III, Part IV, and Part V) and the case against socialism (Part I, Part II, and Part III), while also noting that there’s a separate case to be made...
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