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High Implicit Tax Rates Trap Poor People in the Quicksand of Government Dependency

High Implicit Tax Rates Trap Poor People in the Quicksand of Government Dependency

by Dan Mitchell | Sep 10, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements

The welfare state and the so-called war on poverty has been very bad news for taxpayers. But it’s also very bad news for poor people, in part because various redistribution programs can lure them out of the productive economy and...
Thomas Sowell, Cost-Benefit Analysis, and the Limits of Regulation

Thomas Sowell, Cost-Benefit Analysis, and the Limits of Regulation

by Dan Mitchell | Sep 8, 2021 | Big Government, Blogs, Economics, Regulations

Thomas Sowell is a great economist, but his expertise extends to other fields of study. Everything from history to education. But he’s also famous for being a great communicator, with dozens of well-known quotes. I use one of them on my rotating banner because it...
Boris Johnson Is the U.K.’s “Tax Collector for the Welfare State”

Boris Johnson Is the U.K.’s “Tax Collector for the Welfare State”

by Dan Mitchell | Sep 7, 2021 | Big Government, Blogs, Taxation, Welfare and Entitlements

The great Margaret Thatcher famously observed that the problem with socialism is that governments eventually “run out of other people’s money.” But they can do a lot of damage before they reach that point. We know from U.S. experience that Republicans...
America’s Labor Laws Are (Relatively Speaking) Great for Workers

America’s Labor Laws Are (Relatively Speaking) Great for Workers

by Dan Mitchell | Sep 6, 2021 | Big Government, Blogs, Economics, Regulations

In my fantasy country of Libertaria, there is no Department of Labor, no regulation of employment contracts between consenting adults, and no favoritism for either labor or management. In the real world, the relevant question is...
Can the Irish (Once Again) Save Civilization?

Can the Irish (Once Again) Save Civilization?

by Dan Mitchell | Sep 4, 2021 | Blogs, Tax Competition, Taxation

How the Irish Saved Civilization was a bestselling book in the mid-1990s. Today, we’re going to consider an updated version, focusing on whether Ireland can save the world economy from Joe Biden’s plan for a global tax cartel. This should be a slam-dunk...
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