by Dan Mitchell | Dec 20, 2019 | Blogs, Economics
When I was in London last week for Boris Johnson’s landslide victory, many people asked me whether Trump would win again in 2020. Since I was wrong about 2016, I told them I wasn’t the right person to ask. That being said, Trump has some positive economic tailwinds....
by Dan Mitchell | Dec 19, 2019 | Blogs, Uncategorized
I’ve previously argued that “freedom of association” is the best way of dealing with thorny social issues such as baking cakes for gay weddings and transgender bathroom usage. Simply stated, people should have the freedom to do business with each other – or not do...
by Dan Mitchell | Dec 18, 2019 | Blogs, States
Based on rhetoric, the Democratic Party is committed to a class-warfare agenda. They want higher income tax rates, higher capital gains taxes, higher Social Security taxes, higher death taxes, a new wealth tax, and many other tax hikes that target upper-income...
by Dan Mitchell | Dec 17, 2019 | Blogs, Taxation
I generally identify three big problems with the tax code. High tax rates on productive behavior. Double taxation of saving and investment. Loopholes to encourage inefficiency. But it may be time to include another item. Politicians have learned how to use...
by Dan Mitchell | Dec 16, 2019 | Blogs, Trade
One of my big 2018 worries was that Trump would wreck NAFTA. We dodged that bullet, but my two cents is that the new deal is underwhelming. The bottom line is that his revisions to the pact – which is now called USMCA – create some new barriers to trade. But there...
