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...
by Dan Mitchell | May 14, 2021 | Taxation
There are three important principles for sensible tax policy. Low marginal tax rates on productive behaviorNo tax bias against capital (i.e., saving and investment)No tax preferences that distort the economy Today, let’s focus on #2. I’ve written many times about...
