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Wealth Taxation and Confiscatory Effective Tax Rates

Wealth Taxation and Confiscatory Effective Tax Rates

by Dan Mitchell | Nov 15, 2019 | Blogs, Economics, Taxation

With their punitive proposals for wealth taxes, Bernie Sanders and Elizabeth Warren are leading the who-can-be-craziest debate in the Democratic Party. But what would happen if either “Crazy Bernie” or “Looney Liz” actually had the opportunity to impose such levies?...
Sweatshops, Robber Barons, and Capitalist Exploitation

Sweatshops, Robber Barons, and Capitalist Exploitation

by Dan Mitchell | Nov 14, 2019 | Blogs, Free Market

The hard part about being a libertarian is that there are endless opportunities to be frustrated. Especially if you’re job is trying to convince politicians to restrain the size and scope of government when that’s not in their self interest. One of my special...
The Paris-Based OECD’s Ongoing Effort to Replace Tax Competition with Tax Harmonization

The Paris-Based OECD’s Ongoing Effort to Replace Tax Competition with Tax Harmonization

by Dan Mitchell | Nov 13, 2019 | Blogs, Taxation

Ever since the bureaucrats at the Organization for Economic Cooperation and Development launched their attack on so-called harmful tax competition back in the 1990s, I’ve warned that the goal has been to create a global tax cartel. Sort of an “OPEC for politicians.”...
The Deadly Impact of Pharma Price Controls

The Deadly Impact of Pharma Price Controls

by Dan Mitchell | Nov 12, 2019 | Blogs, Economics, Health Care

Yesterday, I shared part of an interview that focused on Mayor Pete Buttigieg’s scheme to give more subsidies to colleges, thus transferring money from poorer taxpayers to richer taxpayers. Here’s the other part of the interview, which revolved around a very bad idea...
Buttigieg’s Greek-Style Fiscal Policy

Buttigieg’s Greek-Style Fiscal Policy

by Dan Mitchell | Nov 11, 2019 | Big Government, Blogs, Government Spending, Taxation

Candidates such as Elizabeth Warren and Bernie Sanders supposedly are competing for hard-left voters, while candidates such as Joe Biden and Pete Buttigieg are going after moderate voters. But a review of Buttigieg’s fiscal policy suggests he may belong in the first...
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