by Dan Mitchell | Jun 20, 2021 | Blogs, Economics, Featured, Supply Side, Taxation
When studying the economic of taxation, one of the most important lessons is that there should be low marginal tax rates on work, saving, investment, and entrepreneurship. That’s also the core message of this video from Prof. John Cochrane. I...
by Dan Mitchell | Jun 18, 2021 | Blogs, Featured, Taxation
The IRS played partisan politics during the Obama years by targeting taxpayer organizations such “Tea Party” groups. Now the IRS is at it again, this time leaking the tax returns of selected rich people to advance Biden’s...
by Brian Garst | Jun 9, 2021 | Blogs, Featured, Taxation, Uncategorized
ProPublica’s outgoing president called its recent story on the tax returns of wealthy Americans “the most important story we have ever published.” Discerning readers were surely disappointed then to find not a bombshell, but a giant nothing burger....
by Dan Mitchell | May 28, 2021 | Big Government, Blogs, Featured, Government Spending, Welfare and Entitlements
There are many things to dislike about President Biden’s budget plan to expand the burden of government. Class-warfare tax policy.Expanding welfare.Higher levels of red ink. There will be ample opportunity to write about these issues in the coming weeks. For today,...
by Dan Mitchell | May 21, 2021 | Featured, Opinion and Commentary
Originally published by the Orange County Register on May 20, 2021. President Biden has proposed very large tax increases to finance a bigger burden of government spending. Many of those tax increases will be imposed on corporations, and this will be bad news for the...
by Dan Mitchell | Apr 16, 2021 | Blogs, Featured, Taxation, VAT
My views on the value-added tax are very straightforward. Washington taxes too much today and wastes too much money today.Giving D.C. politicians even more tax revenue will encourage more fiscal profligacy.It is profoundly...
