by Dan Mitchell | Apr 12, 2022 | Blogs, Economics, Taxation
Thomas Piketty is a big proponent of class-warfare tax policy because he views inequality as a horrible outcome. But a soak-the-rich policy agenda, echoed by many other academics such as Emmanuel Saez and Gabriel Zucman,...
by Dan Mitchell | Mar 16, 2022 | Uncategorized
I enjoy defending rich people. In part, that’s because I appreciate how rich entrepreneurs make life better for me and everybody else. But I also defend rich people because of my deep disdain for the policy agenda of empty-suit...
by Dan Mitchell | Jan 12, 2022 | Blogs, Taxation
I wrote back in 2012 that California voters opted for “slow-motion economic suicide” by voting to raise the state’s top income tax rate to 13.3 percent. Sure enough, having the nation’s highest state income tax rate has been bad news. More and...
by Dan Mitchell | Jan 9, 2022 | Blogs, Economics
There are many well-meaning people who support statist policies such as punitive taxation because they believe in the zero-sum fallacy, which is explained in this short video by Madsen Pirie of London’s Adam Smith Institute. The zero-sum fallacy is especially noxious...
by Dan Mitchell | Dec 9, 2021 | Blogs, Society
I have a four-part series (here, here, here, and here) that explains why it’s much better to focus on fighting poverty rather than fretting about inequality. I also think that our friends on the left who fixate on inequality are...