by Dan Mitchell | Mar 31, 2016 | Blogs, Economics, States, Taxation
Even though it’s theoretically possible to design a desirable budget deal that includes a tax increase, I’m a big advocate of the no-tax-hike pledge for the simple reason that – in the real world – support for genuine spending restraint and real entitlement reform...
by Dan Mitchell | Mar 30, 2016 | Blogs, Economics, Laffer Curve, Taxation
Hillary Clinton and Bernie Sanders are basically two peas in a pod on economic policy. The only difference is that Sanders wants America to become Greece at a faster rate. Folks on the left may get excited by whether we travel 60 mph in the wrong direction or 90 mph...
by Dan Mitchell | Mar 29, 2016 | Blogs, Tax Competition, Taxation
I’m never surprised when politicians make absurd statements, but I’m still capable of being shocked when other people make outlandish assertions. Like the leftist policy wonk who claimed that capitalism is actually coercion, even though free markets are based on...
by Dan Mitchell | Mar 28, 2016 | Blogs, Crime, Education, Society
While there are many things I admire about Scandinavian nations, I’ve never understood why leftists such as Bernie Sanders think they are great role models. Not only are income levels and living standards higher in the United States, but the data show that Americans...
by Dan Mitchell | Mar 27, 2016 | Blogs
Over the years, Barack Obama has made some statements that indicate a very statist worldview. In my video on class warfare, I noted that Obama said in 2008 that – for reasons of “fairness” – he wanted to raise the capital gains tax even if the government lost revenue....