by Dan Mitchell | Oct 25, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation
It’s time for a lesson in tax economics. Though hopefully today’s topic won’t be as dry and boring as my missives on more technical issues like depreciation and worldwide taxation. That’s because we’re going to talk about the taxation of workers, which is something...
by Dan Mitchell | Oct 24, 2015 | Big Government, Blogs, Government Spending, Government Waste
My first instinct, when arguing against higher taxes, is to pontificate about the negative impact of high marginal tax rates and punitive effect of double taxation on saving and investment. Those are very legitimate concerns, and they’re the obvious things for an...
by Dan Mitchell | Oct 22, 2015 | Big Government, Blogs
We should fondly remember the great, late Margaret Thatcher for several reasons, most notably because she saved the United Kingdom from economic collapse. I’m especially a fan of her famous observation that socialism fails because, sooner or later, you run out of...
by Dan Mitchell | Oct 21, 2015 | Big Government, Blogs, Economics, Europe, Welfare and Entitlements
Whenever there’s a discussion of the Nordic nations, I feel conflicted. I don’t like the punitively high tax rates and socially destructive levels of redistribution in nations such as Denmark, but I also admire the very laissez-faire policies those countries have when...
by Dan Mitchell | Oct 19, 2015 | Big Government, Blogs
When someone says “IRS,” my Pavlovian response is “flat tax.” That’s because I’m a policy wonk and I’d like to replace our punitive internal revenue code with something simple and fair that doesn’t do nearly as much damage to our economy. And it’s a fringe benefit...
