by Dan Mitchell | Nov 10, 2021 | Big Government, Blogs, Taxation, Welfare and Entitlements
Biden’s budget plan is based on fraudulent numbers, but it is also based on the fraudulent idea that a big, European-style welfare state can be financed without fleecing lower-income and middle-class taxpayers. I’ve repeatedly pointed out that this is not...
by Dan Mitchell | Nov 9, 2021 | Big Government, Blogs
Civil asset forfeiture occurs when bureaucrats literally steal a person’s property when the person hasn’t been convicted – or perhaps not even charged – of any wrongdoing. Citing a nauseating example of this odious practice, I wrote back in...
by Dan Mitchell | Nov 8, 2021 | Big Government, Blogs, Welfare and Entitlements
Back in 2017, I shared my Second Theorem of Government to warn why it is so important to resist new government giveaway programs. And I used Obamacare as a costly example. Simply stated, it’s much easier to block new handouts than it is to take...
by Dan Mitchell | Nov 5, 2021 | Blogs, States, Taxation
There’s a political party in the United States – the Democrats – that represents rich people and it is trying very hard to cut taxes for those rich people. Since I don’t resent rich people (indeed, I applaud them if they earn their money...
by Dan Mitchell | Nov 4, 2021 | Blogs, Capital Gains, States, Taxation
To finance a bigger welfare state and create more dependency, President Biden and his congressional allies have been contemplating all sorts of tax increases. Higher corporate tax ratesHigher capital gains tax ratesHigher personal income tax ratesMore...
