by Dan Mitchell | Nov 7, 2019 | Blogs, Capital Gains, Taxation
Last month, I accused Elizabeth Warren of being a “fiscal fraud” for proposing a multi-trillion dollar government takeover of healthcare. She then unveiled a plethora of class-warfare taxes. As I discussed yesterday on CNBC, she even wants to tax capital gains even if...
by Dan Mitchell | Nov 6, 2019 | Blogs, Economics, Free Market
Last month, I criticized the New York Times for a very inaccurate attack against Chile’s successful pro-market reforms. The paper’s editorial asserted that only the rich have gained, a view that is utterly nonsensical and inaccurate. Indeed, I visited Chile about a...
by Dan Mitchell | Nov 5, 2019 | Big Government, Blogs, Economics, Free Market
Many libertarians support capitalism because of ethics and morality. Simply stated, they want an economic system based on voluntary exchange compared to statist alternatives (socialism, fascism, communism, etc) that rely on government coercion. I also like the...
by Dan Mitchell | Nov 4, 2019 | Big Government, Blogs, Government Spending
Last November, voters in some states had the opportunity to accept or reject some very important initiatives, including votes on Colorado’s flat tax, Arizona’s school choice system, and a carbon tax in the state of Washington. Since 2019 is an off-year election, there...
by Dan Mitchell | Nov 3, 2019 | Blogs, Europe
The Department of Agriculture should be abolished. Yesterday, if possible. It’s basically a welfare scam for politically connected farmers and it undermines the efficiency of America’s agriculture sector. Some of the specific handouts – such as those...