by Dan Mitchell | Jul 19, 2020 | Blogs, Education
The coronavirus has been horrible news, most obviously because of death and suffering. But the disease has also wreaked havoc with the economy and given politicians an excuse to push counterproductive policies. But if you want to find a silver lining to that dark...
by Dan Mitchell | Jul 17, 2020 | Blogs, Taxation
There are lots of millionaires in the world. About 20 million of them, including about 6 million of them in the United States. I’d like those numbers to increase, which is why I’m always advocating pro-market policies. Capitalism is not only superior to socialism,...
by Dan Mitchell | Jul 16, 2020 | Blogs, Economics, Socialism
Not all bad city governments are alike. In places like Chicago, local politicians generally impose bad policy because they’re buying votes (especially the votes of bureaucrats), not because they’re motivated by ideology. But as you can see from this video, some...
by Dan Mitchell | Jul 15, 2020 | Big Government, Blogs, Government Spending
Two days ago, I looked at top income tax rates for the various states. Yesterday, I shared the data for the states on sales tax rates. The big takeaway from those two sources of data is that California politicians are very greedy. But are they the greediest...
by Dan Mitchell | Jul 14, 2020 | Blogs, States, Taxation
esterday, in Part I of our series about greedy state politicians, we looked at top income tax rates. The worst state, not surprisingly, was California with a top tax rate of 13.3 percent. This onerous tax rate, combined with low-quality government and absurd levels of...
