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...
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...