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Biden’s Class-Warfare Agenda Is Bad News According to Academic Research on Taxes and Growth

Biden’s Class-Warfare Agenda Is Bad News According to Academic Research on Taxes and Growth

by Dan Mitchell | May 27, 2021 | Blogs, Economics, Taxation

Back in 2013, the Tax Foundation published a report that reviewed 26 academic studies on taxes and growth. That scholarly research produced a very clear message: The overwhelming consensus was that higher tax rates were bad news for prosperity,...
Red States vs Blue States, Part II

Red States vs Blue States, Part II

by Dan Mitchell | May 26, 2021 | Big Government, Blogs, States

Last year, I compared the economic performance of red states and blue states. My big takeaway from that column is that we should pay attention to the data on internal migration. More specifically, there’s a reason why Americans have been moving...
Demographic Decline = Fiscal Crisis

Demographic Decline = Fiscal Crisis

by Dan Mitchell | May 25, 2021 | Big Government, Blogs, Welfare and Entitlements

As a libertarian, I don’t care if couples have zero children or 10 children. But as an economist, I’m horrified that big changes in demographics are going to lead to fiscal crises thanks to poorly designed entitlement programs....
Biden’s Tax Plan Contains a Poison Pill for American Firms that Compete in Global Markets

Biden’s Tax Plan Contains a Poison Pill for American Firms that Compete in Global Markets

by Dan Mitchell | May 24, 2021 | Blogs, Tax Competition, Tax Harmonization, Taxation

As explained here, here, here, and here, I don’t like Biden’s class-warfare tax policy. I’m especially concerned about his approach to business taxation. He wants to penalize American-based companies with the highest corporate...
The CRFB Fiscal Quiz

The CRFB Fiscal Quiz

by Dan Mitchell | May 22, 2021 | Big Government, Blogs, Government Spending, Taxation

I’ve shared all sorts of online quizzes that supposedly can detect things such as whether you’re a pure libertarian. Or even whether you’re a communist. Today, courtesy of the folks at the Committee for a Responsible Budget, you can agree or...
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