by Dan Mitchell | Sep 21, 2019 | Blogs
Here’s a simple quiz to determine whether you should support a candidate like Bernie Sanders or Elizabeth Warren: Would you embrace a policy that increased income for poor Americans by 10 percent if it also happened to increase income for rich Americans by 15 percent?...
by Dan Mitchell | Sep 20, 2019 | Big Government, Blogs, Taxation
Maybe I’m just a curmudgeon, but I get rather irked when rich people endorse higher taxes. Are they trying to curry favor with politicians? Seeking some sort of favoritism from Washington (like Warren Buffett)? Or do they genuinely think it’s a good idea to...
by Dan Mitchell | Sep 19, 2019 | Blogs, Taxation
I wrote yesterday about the generic desire among leftists to punish investors, entrepreneurs, and other high-income taxpayers. Today, let’s focus on one of the specific tax hikes they want. There is near-unanimity among Democratic presidential candidates for higher...
by Dan Mitchell | Sep 18, 2019 | Blogs, Economics, Taxation
I’ve written many times about the perverse and destructive economic impact of class-warfare taxation. Today, we’re doing to look at the sloppy math associated with the fiscal plans of Bernie Sanders, Kamala Harris, Elizabeth Warren, and the rest of the soak-the-rich...
by Dan Mitchell | Sep 17, 2019 | Uncategorized
There are many reasons to oppose the various bailouts of the Greek government. Here are my two main reasons. I don’t like rewarding investors who make imprudent decisions, and it really galls me to bail out the (mostly) rich people who bought Greek bonds. I don’t like...
