by Dan Mitchell | Oct 23, 2022 | Blogs
At the risk of sounding like a “snowflake,” there are some things that “trigger” me. It drives me crazy, for instance, when rich leftists support tax increases, particularly since many of them (Elizabeth Warren, Joe Biden, Bill and Hillary...
by Dan Mitchell | Oct 11, 2022 | Blogs, Flat Tax, Taxation
While most people pay attention to which political party enjoys success when there’s an election, I think it’s also important to look at ballot initiatives. In 2021, voters in the left-leaning state of Washington overwhelmingly registered their...
by Dan Mitchell | Oct 3, 2022 | Uncategorized
A wealth tax is an extraordinarily destructive way for governments to generate revenue. It violates the principles of sensible tax policy and it does a lot of damage since people have less incentive to save and invest. It’s...
by Dan Mitchell | Aug 10, 2022 | Blogs, Taxation
Whenever I discuss the varying types of double taxation on saving and investment (capital gains tax, dividend tax, corporate income tax, death tax, wealth tax, etc), I always emphasize that such levies discourage capital...
by Dan Mitchell | Aug 5, 2022 | Blogs, Economics, Taxation
Back in 2009, I narrated a video about the downsides of class-warfare tax policy. But if you don’t want to spend eight minutes watching the video (or 14 minutes watching this video), here’s a visual that summarizes why high tax rates discourage...