by Dan Mitchell | Apr 25, 2021 | Blogs, Education
I’m pessimistic about the direction of public policy, especially on fiscal issues such as taxes and spending. But there is a silver lining to this dark cloud of statism. We’re seeing continuing progress on school choice, most notably...
by Dan Mitchell | Apr 24, 2021 | Big Government, Blogs, Government Waste
Today we’re going to mix two things that seem disconnected. Our first topic is federalism, which is the sensible principle that deciding things at the local level, or even state level, is better than being ruled by faraway politicians and a big, centralized...
by Dan Mitchell | Apr 23, 2021 | Blogs, Capital Gains, Taxation
Because of the negative impact on competitiveness, productivity, and worker compensation, it’s a very bad idea to impose double taxation of saving and investment. Which is why there should be no tax on capital gains, and a few nations...
by Dan Mitchell | Apr 22, 2021 | Big Government, Blogs, Economics, Government Spending
Way back in 2010, I shared this video explaining how “gross domestic product” and “gross domestic income” are basically the same number, but warning that the former leads to sloppy thinking (including the Keynesian myth that consumer spending drives the economy)....
by Dan Mitchell | Apr 21, 2021 | Blogs, Taxation
Whenever I’m asked about the “tax gap,” I point to the academic evidence, from multiple sources, and explain that lower tax rates and tax reform are the best way to get higher levels of tax compliance. Indeed, even the pro-tax International...
