by Dan Mitchell | Oct 14, 2024 | Blogs, Featured, Taxation
When I give speeches and presentations about fiscal policy, I explain that a sensible tax system should be based on these principles. Low marginal tax rates on productive behavior. No double taxation of saving and investment. No corrupt and distorting...
by Dan Mitchell | Sep 26, 2024 | Blogs, Economics, Featured, Taxation
On tax policy, our friends on the left are motivated by envy and hatred. As shown in this Stossel video, Robert Reich is a sad example of this mindset. John Stossel understates his argument. It’s not that Reich is wrong. He’s wildly wrong. There are four points in the...
by Dan Mitchell | Sep 15, 2024 | Blogs, Featured, Tax Competition, Taxation
I wrote a few days ago about how Americans are moving from high-tax states to lower-tax states (mostly to states with no income taxes or flat taxes). Today, let’s look at international tax migration. I’ve addressed this issue before, but...
by Dan Mitchell | Aug 7, 2024 | Blogs, Featured, Taxation
As I wrote in both 2020 and earlier this year, Kamala Harris is worse than Joe Biden on economic issues. Heck, based on an analysis of spending proposals in the 2020 race, she’s even worse than Bernie Sanders. What worries me most is that...
by Dan Mitchell | Aug 6, 2024 | Big Government, Blogs, Featured, Taxation, Welfare and Entitlements
During his time in the White House, Donald Trump pursued very good tax policy and very bad spending policy. So if he wins a second term, one would hope he maintains his approach on taxes and changes his approach on spending. Unfortunately, he is doing...
by Dan Mitchell | Jun 1, 2024 | Blogs, Europe, Featured, Taxation
When I think of the world’s most mistreated taxpayers, a few options come to mind. Cam Newton, the quarterback who faced a marginal tax rate of nearly 200 percent on his Super Bowl bonus. The 8,000 French households who had to surrender more than 100 percent of their...
