by Dan Mitchell | Feb 11, 2023 | Blogs, Capital Gains, Taxation
In 2020 and 2021, I wrote a four-part series (here, here, here, and here) about Biden’s class-warfare tax agenda. And I also wrote a series of columns about some of his worst ideas. Biden wants America to have the developed world’s highest...
by Dan Mitchell | Feb 7, 2023 | Big Government, Blogs, Welfare and Entitlements
Today we are going to look at proposals to expand the burden of Social Security payroll taxes, and let’s start by recycling this 2008 video. All of the analysis in the video is still accurate, but two of the numbers need to be updated. Social Security’s long-run...
by Dan Mitchell | Jan 31, 2023 | Blogs, States, Tax Competition, Taxation
There are some very important long-run demographic and cultural trends in the United States. The aging of the population – and the concomitant problem of poorly designed entitlement programs – probably belongs at the top of the list. But another...
by Dan Mitchell | Dec 31, 2022 | Blogs, Education, States, Taxation
Continuing a tradition that began back in 2013, let’s look at the best and worst developments of the past year. Since I try to be optimistic (notwithstanding forces and evidence to the contrary), let’s start with the good news. I’ll start by...
by Dan Mitchell | Nov 3, 2022 | Blogs, Economics, Taxation
The Laffer Curve is a very straightforward concept. It graphically illustrates why politicians are wrong if they think you can double tax revenue by doubling tax rates (or that revenues will drop by 50 percent if tax rates are cut in half)....
