by Dan Mitchell | May 20, 2021 | Blogs, Economics, Taxation
About one week ago, I shared some fascinating data from the Tax Foundation about how different nations penalize saving and investment, with Canada being the worst and Lithuania being the best. I started that column by noting that there are three important...
by Dan Mitchell | May 19, 2021 | Big Government, Blogs, Europe, Welfare and Entitlements
The United States has a big economic advantage over Europe in part because the burden of welfare spending is lower. This means fewer people trapped in government dependency in America. And it means a smaller tax burden in America....
by Dan Mitchell | May 18, 2021 | Big Government, Blogs
Government breeds corruption by giving sleazy people a way of obtaining unearned wealth. Politicians and special interests are the winners and workers, consumers, and taxpayers are the losers. It’s easy to find examples....
by Dan Mitchell | May 17, 2021 | Blogs, Free Market
Why do folks on the left support punitive policies such as high tax rates and a bigger burden of government? Some of them are motivated by resentment against those who have achieved success. These are the people who support the...
by Dan Mitchell | May 15, 2021 | Blogs, Taxation
Tax increases are bad fiscal policy, but that doesn’t necessarily mean that they are politically unpopular. Indeed, many voices in the establishment press are citing favorable polling data in hopes of creating an aura on inevitably...