by Dan Mitchell | Jun 20, 2019 | Big Government, Blogs, Taxation
Two years ago, I wrote about how Connecticut morphed from a low-tax state to a high-tax state. The Nutmeg State used to be an economic success story, presumably in large part because there was no state income tax. But then an income tax was imposed almost 30 years ago...
by Dan Mitchell | Jun 19, 2019 | Blogs, Taxation
The crown jewel of the 2017 tax plan was the lower corporate tax rate. I appeared on CNBC yesterday to debate that reform, squaring off against Jason Furman, who served as Chairman of Obama’s Council of Economic Advisers. Here are a couple of observations on our...
by Dan Mitchell | Jun 18, 2019 | Blogs, Economics, Free Market
The candidates for the 2020 Democratic nomination are competing to offer the most statist agenda, with Crazy Bernie, Elizabeth Sanders, and Kamala Harris being obvious examples. But let’s not overlook Mayor Pete Buttigieg. He has a moderate demeanor, but he’s been...
by Dan Mitchell | Jun 17, 2019 | Blogs, Tax Competition, Taxation
Proponents of bigger government sometimes make jaw-dropping statements. I even have collections of bizarre assertions by both Hillary Clinton and Barack Obama. What’s especially shocking is when statists twist language, such as when they claim all income is the...
by Dan Mitchell | Jun 16, 2019 | Big Government, Blogs, Taxation
As reported by the Washington Examiner, Crazy Bernie thinks the American people will be happy to pay more taxes in exchange for more goodies from Washington. Presidential candidate Bernie Sanders said more taxes would be necessary in order to pay for things like...
