by Dan Mitchell | Jul 21, 2021 | Blogs, Capital Gains, Taxation
More than 10 years ago, I narrated this video explaining why there should be no capital gains tax. The economic argument against capital gains taxation is very simple. It is wrong to impose discriminatory taxes on income that is saved and...
by Dan Mitchell | Jul 20, 2021 | Blogs, Economics, Socialism
Weird items sometimes show up in my inbox, and this clip from Nikole Hannah-Jones (creator of the academically shoddy 1619 Project) definitely qualifies. She actually cites the economic wasteland of Cuba as a role model for equality. Ms. Hannah-Jones...
by Dan Mitchell | Jul 19, 2021 | Big Government, Blogs, Welfare and Entitlements
Over the past couple of years, one of the most disturbing – and also revealing – things to happen in Washington is when Congresswoman Alexandria Ocasio-Cortez proposed giving more money to people “unwilling to work.” As discussed in this interview, the left...
by Dan Mitchell | Jul 18, 2021 | Blogs, States, Tax Competition, Taxation
The best news of 2021 almost surely is the big expansion of school choice in several states. That’s a great development, especially for poor and minority families. But there’s another positive trend at the state level. As indicated...
by Dan Mitchell | Jul 17, 2021 | Big Government, Blogs, Taxation, Trade
I’ve been warning, over and over and over again, that a European-style welfare state means huge tax increases on ordinary people. Simply stated, there are not enough rich people to finance big government...