by Dan Mitchell | May 10, 2021 | Big Government, Blogs, Economics, Supply Side, Taxation
The United States conducted an experiment in the 1980s. Reagan dramatically lowered the top tax rate on households, dropping it from 70 percent to 28 percent. Folks on the left bitterly resisted Reagan’s “supply-side” agenda, arguing that “the rich won’t pay...
by Dan Mitchell | May 8, 2021 | Blogs, Health Care
I first wrote about allowing markets for body parts back in 2009 and 2010. Let’s revisit that issue today, starting with John Stossel’s case for legal organ sales in a video for Reason. This should be a slam-dunk issue. I want drugs to be...
by Dan Mitchell | May 7, 2021 | Blogs, Taxation
As an economist, I strongly oppose the wealth tax (as well as other forms of double taxation) because it’s foolish to impose additional layers of tax that penalize saving and investment. Especially since there’s such a strong...
by Dan Mitchell | May 6, 2021 | Blogs, Trade
Like President Reagan, I believe in free trade rather than protectionism. So you won’t be surprised that I agree with the message in this video: To elaborate, one of the big lessons of the Trump era is that he undermined his good policies – such...
by Dan Mitchell | May 5, 2021 | Big Government, Blogs, Europe
My approach during the Trump years was very simple. If he did good things, I applauded.If he did bad things, I criticized. Other people, however, muted their views on policy because of their partisan or personal feelings about Trump. I...