by Dan Mitchell | Dec 26, 2019 | Blogs, Economics, Socialism
Yesterday, most of us celebrated Christmas. Today, all of us should celebrate the dissolution of the Soviet Union, which officially happened on this date in 1991 (aided and abetted by a Texas grocery store). A 2016 FEE column by Richard Ebeling documents...
by Dan Mitchell | Dec 25, 2019 | Blogs, Uncategorized
Merry Christmas, even for my left-leaning friends and politically correct friends. The good news is that – contrary to reports – Santa Claus did not get arrested last night. And that’s good news because he does many things each year that could land him in prison. In a...
by Dan Mitchell | Dec 24, 2019 | Big Government, Blogs, Government Spending, Government Waste
I wrote yesterday that the Trump tax plan is yielding significant benefits, but one of my caveats at the end of the column warned that Trump’s weak record on spending undermines the long-run sustainability of lower tax rates. The latest example of Trump’s profligacy...
by Dan Mitchell | Dec 23, 2019 | Blogs, Economics, Taxation
The Trump tax plan, which was signed into law right before Christmas in 2017, had two very good features. Restricting the deduction for state and local taxes. A reduction of the corporate tax rate to 21 percent. The former was important because the federal tax code...
by Dan Mitchell | Dec 22, 2019 | Blogs, Uncategorized
Let’s add to our collection of communism humor. Yes, I realize that we probably shouldn’t laugh about a horrific ideology that has killed 100 million people. Especially since it’s still producing hardship, brutality, and suffering in places such as North...