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...
by Dan Mitchell | May 4, 2021 | Big Government, Blogs
There are all sorts of long-running battles in the economics profession, perhaps most notably the never-ending dispute about Keynesian economics. Another contentious issues is the degree to which society should accept less growth in order to achieve...
by Dan Mitchell | May 3, 2021 | Big Government, Blogs, Government Spending
President Biden has proposed a massive $2 trillion-plus infrastructure plan. Here are the two things everyone should understand. It will hurt growth because it will be financed with very harmful tax increases, most notably a big increase in the corporate tax...