by Dan Mitchell | Jun 8, 2020 | Big Government, Blogs
Last week, I participated in a webinar with IES Europe. The program covered a wide range of issues, including tax competition, Social Security reform, and the recipe for national prosperity. Here’s what I said on the topic of federalism. To add some hard data to the...
by Dan Mitchell | Jun 7, 2020 | Big Government, Blogs
Hardly anybody noticed because the nation has been focused on protests about police misbehavior, but Joe Biden officially clinched the Democratic nomination this past week. And he’s now comfortably ahead in the political betting markets as well as public polling. If...
by Dan Mitchell | Jun 6, 2020 | Blogs, Economics
Do you want to understand the International Monetary Fund’s (IMF) pernicious role in the global economy? Here’s a simple analogy that will tell you everything you need to know. Let’s say you have two friends. Friend A, who continuously gets in financial trouble...
by Dan Mitchell | Jun 5, 2020 | Blogs, Economics
Yesterday, I shared some research showing how misguided redistribution policies lead to high implicit marginal tax rates that discourage work. Then I was interviewed about a very tangible example of this phenomenon – jobless benefits that give people more money than...
by Dan Mitchell | Jun 4, 2020 | Big Government, Blogs, Taxation, Welfare and Entitlements
Back in 2016, I shared an image that showed how the welfare state punishes both the poor and rich. Rich people are hurt for the obvious reason. They get hit with the highest statutory tax rates, and also bear the brunt of the double taxation (the extra layers of tax...
