by Dan Mitchell | Dec 27, 2020 | Big Government, Blogs, Regulations
When I write an everything-you-need-to-know column, I’m inevitably guilty of hyperbole. All that I’m really doing is highlighting a very compelling example of how politicians make a mess of just about anything they touch. That’s even true in the rare cases when...
by Dan Mitchell | Dec 26, 2020 | Blogs, Crime, Society
I’m (unfortunately) not a rich person, but that doesn’t stop me from opposing punitive taxes on successful entrepreneurs, investors, and small business owners. Likewise, I’m not a gun aficionado, but that doesn’t stop me from opposing efforts to restrict the rights of...
by Dan Mitchell | Dec 24, 2020 | Blogs, Economics, Taxation
I don’t like higher taxes, whether looking at levies on income, capital gains, payroll, death, or consumption. But if asked to identify the worst way of hiking taxes, the wealth tax might lead the list because of the economic damage caused per dollar collected. If you...
by Dan Mitchell | Dec 23, 2020 | Blogs, Economics
Ethical people, regardless of ideology, should be motivated by an empathetic desire to help the poor rather than a spiteful thirst to punish the rich. That was the message in Part I and Part II of this series. That’s also today’s message, and we’ll start with this...
by Dan Mitchell | Dec 22, 2020 | Blogs, Economics
I began yesterday’s column with a short clip of me explaining why we should focus on reducing poverty, not reducing inequality. Here’s a more thorough discussion of the same topic. The video makes three central points, all of which are very sound. The economy is not a...
