by Dan Mitchell | Jul 24, 2021 | Blogs, Capital Gains, Taxation
It’s presumably not controversial to point out that the Washington Post (like much of the media) leans to the left. Indeed, the paper’s bias has given me plenty of material over the years. As you can see, what really irks me is when the bias translates...
by Dan Mitchell | Jul 21, 2021 | Blogs, Capital Gains, Taxation
More than 10 years ago, I narrated this video explaining why there should be no capital gains tax. The economic argument against capital gains taxation is very simple. It is wrong to impose discriminatory taxes on income that is saved and...
by Dan Mitchell | Apr 23, 2021 | Blogs, Capital Gains, Taxation
Because of the negative impact on competitiveness, productivity, and worker compensation, it’s a very bad idea to impose double taxation of saving and investment. Which is why there should be no tax on capital gains, and a few nations...
by Dan Mitchell | Jan 7, 2021 | Blogs, Capital Gains, Economics, Taxation
A “capital gain” occurs when you buy something and later sell it for a higher price. A capital gains tax is when politicians decide they get to grab a slice of that additional wealth. I’ve repeatedly explained that it is economically foolish to have such a tax because...
by Dan Mitchell | Nov 11, 2019 | Big Government, Blogs, Government Spending, Taxation
Candidates such as Elizabeth Warren and Bernie Sanders supposedly are competing for hard-left voters, while candidates such as Joe Biden and Pete Buttigieg are going after moderate voters. But a review of Buttigieg’s fiscal policy suggests he may belong in the first...
