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....
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...
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...
by Dan Mitchell | May 21, 2021 | Opinion and Commentary
Originally published by the Orange County Register on May 20, 2021. President Biden has proposed very large tax increases to finance a bigger burden of government spending. Many of those tax increases will be imposed on corporations, and this will be bad news for the...
by Dan Mitchell | May 21, 2021 | Blogs, Economics
When I was first learning about economics in the 1970s and 1980s, Arthur Okun’s equality-efficiency tradeoff was part of just about any discussion of public policy. Folks on the left acknowledged that their policies would lead to less prosperity, but they...