by Dan Mitchell | Jul 10, 2021 | Blogs, Uncategorized
Foreign aid is an expensive failure. American taxpayers have coughed up hundreds of billions of dollars in recent decades for various government-to-government handouts, and the total is far higher when you include the aid payments of other nations and the...
by Dan Mitchell | Jul 9, 2021 | Blogs, Tax Competition, Tax Harmonization, Taxation
When President Biden proposed a “global minimum tax” for businesses, I immediately warned that would lead to ever-increasing tax rates. Ross Kaminsky of KHOW and I discussed how this is already happening. I hate being right, but it’s always safe to...
by Dan Mitchell | Jul 8, 2021 | Blogs, Economics
When I first looked at the issue of “basic income,” back in 2013, my gut reaction was deep skepticism. That’s because I feared many people would drop out of the labor force if they could live off government handouts (as illustrated by this Wizard-of-Id...
by Dan Mitchell | Jul 7, 2021 | Blogs, Economics
I’ve written nearly 6,100 columns for International Liberty, but only one of those columns has focused on Lebanon. That was back in 2018, when I explained how the nation could have avoided a fiscal crisis with a spending cap. Now it’s time to once...
by Dan Mitchell | Jul 6, 2021 | Blogs, Health Care
Programs such as Medicare and Medicaid, along with the tax code’s healthcare exclusion, have created a system where consumers directly pay for only about 10 percent of the care they receive. We think it’s normal and appropriate for either the...
