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Economic Backsliding by China, Part I

Economic Backsliding by China, Part I

by Dan Mitchell | Aug 22, 2021 | Blogs, Economics, Taxation

Long-time readers know that I periodically pour cold water on the notion that China is an economic superstar. Yes, China did engage in some economic liberalization late last century, and those reforms should be applauded because they...
Policy Lessons from Marijuana Legalization

Policy Lessons from Marijuana Legalization

by Dan Mitchell | Aug 21, 2021 | Blogs, Economics

Like most libertarians, I favor drug legalization for the simple reason that people should have control over their own bodies, even if they’re doing something stupid. But I’ve never claimed legalization is a zero-cost policy. Instead, as I...
Primitive Keynesianism from the Joint Economic Committee

Primitive Keynesianism from the Joint Economic Committee

by Dan Mitchell | Aug 19, 2021 | Big Government, Blogs, Economics, Keynesian, Welfare and Entitlements

Washington is filled with dishonest and self-serving analysis. Much of that shoddy output is driven by privileged groups seeking bailouts, subsidies, protectionism, or a tilted playing field. The health...
Will High-Value Taxpayers Vote with their Feet Against Biden?

Will High-Value Taxpayers Vote with their Feet Against Biden?

by Dan Mitchell | Aug 18, 2021 | Blogs, Taxation

For most of the world, American citizenship is highly coveted. Indeed, foreigners have even been willing to invest a lot of money to increase the odds of getting to the United States. But changing one’s nationality is a two-way street. Beginning...
Elizabeth Warren’s Demagoguery on “Book Income”

Elizabeth Warren’s Demagoguery on “Book Income”

by Dan Mitchell | Aug 17, 2021 | Blogs, Taxation

I’ve written about some boring and arcane tax issues – most of which are only relevant because we don’t have a simple and fair flat tax. Depreciation vs. expensingTerritorial taxation vs. worldwide taxationGILTI rules for multinational...
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