by Dan Mitchell | Aug 7, 2024 | Blogs, 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 | Jul 23, 2024 | Blogs, Tax Competition, Taxation
I wrote a couple of days ago about the possibility of confiscatory taxes in France and whether that would lead to an exodus of upper-income taxpayer. Since that’s happened before, it’s very realistic to think it will happen again. Now let’s...
by Dan Mitchell | Jul 21, 2024 | Blogs, Taxation
Some folks on the left have a deep-seated resentment of successful investors, entrepreneurs, business owners, and other high-income people. They want to hit them with confiscatory tax rates, even if the tax is so punitive that the government doesn’t...
by Dan Mitchell | Jul 2, 2024 | Blogs, Taxation
I wrote yesterday about a strange quirk in the Dutch tax system. That country (which is quite sensible on issues such as personal retirement accounts and school choice) has a very odd way of double taxing income that is saved and invested. Today, we’re...
by Dan Mitchell | Jun 12, 2024 | Blogs, Taxation
My view on rich people is very simple. I applaud them if they earn their money honestly (through voluntary exchange in a free market economy). And I want more people to become rich in the same way. Especially since the rest of us get...