by Dan Mitchell | Apr 24, 2019 | Opinion and Commentary
Originally published by NewsMax on April 22, 2019. The Federal Reserve is getting a lot of news coverage because of new nominations that President Donald Trump has put forth to serve on the Board of Governors. But America’s central bank also should be in the news...
by Dan Mitchell | Apr 20, 2019 | Big Government, Blogs, Economics
Argentina is a sobering example of how statist policies can turn a rich nation into a poor nation. I’m not exaggerating. After World War II, Argentina was one of the world’s 10-richest nations. But then Juan Perón took power and initiated Argentina’s slide toward big...
by Dan Mitchell | Apr 16, 2019 | Big Government, Blogs, Economics, Socialism, Taxation
Bernie Sanders demonizes the rich and argues that millionaires need to pay higher tax rates in order to finance a bigger burden of government. Which presumably means that he should surrender more of his income, since he is part of the gilded class. The New York...
by Dan Mitchell | Apr 15, 2019 | Big Government, Blogs, Economics, Taxation
There are some fortunate people (in the Cayman Islands, Bermuda, Monaco, Vanuatu, Antigua and Barbuda, and a few other places) who don’t have to pay income taxes. The United States used to be in that lucky club. The income tax did not become a permanent blight upon...
by Dan Mitchell | Apr 8, 2019 | Big Government, Blogs
I listed the collapse of Venezuela’s socialist dictatorship as one of my “hopes” for 2018. That didn’t happen, so I included the same hope in my list for 2019. But will it happen? David Asman seems very confident in this clip from a recent interview. I was a bit less...
