by Dan Mitchell | Apr 23, 2015 | Blogs, Economics
When writing about economic growth, my usual approach is to point out that more output is a function of increases in the quantity and quality of labor capital.This is a helpful way of thinking about growth since it becomes easier to understand why certain policies are...
by Dan Mitchell | Apr 22, 2015 | Blogs, Economics
I don’t understand the left’s myopic fixation on income inequality. If they genuinely care about the less fortunate, they should be focused on policies that produce higher incomes. But instead, they agitate for class warfare and redistribution, which leads me to...
by Dan Mitchell | Apr 21, 2015 | Blogs, Tax Competition, Taxation
Nothing warms my heart and brings a smile to my face faster than news that taxpayers have successfully escaped the greedy and grasping claws of government. I cheered when successful French taxpayers moved across the border when Francois Hollande imposed a 75 percent...
by Dan Mitchell | Apr 20, 2015 | Blogs, Taxation
Who benefits most from the death tax? There are two obvious answers. First, politicians presumably benefit since they get more money to spend. Yes, it’s true that the tax discourages capital formation and may actuallylose revenue in the long run, but politicians...
by Dan Mitchell | Apr 19, 2015 | Blogs, Taxation
I’ve sometimes asserted, only half-jokingly, that statists believe all of our income belongs to the government and that we should be grateful if we’re allowed to keep any slice of what we earn. This is, at least in part, the mentality behind the “tax...
