by Dan Mitchell | Oct 24, 2021 | Taxation
Let’s look today at the wonky issue of “book income” because it’s an opportunity to point out that there are three types of leftists. Honest leftists who understand economics and recognize tradeoffs (I think of them as “Okunites“).Dishonest leftists who understand...
by Dan Mitchell | Oct 16, 2021 | Blogs, Economics
A regular theme of these columns is that the economy is not a fixed pie. If Person A becomes rich, that doesn’t mean less income for Persons B and C. Indeed, the evidence is very strong that successful entrepreneurs only capture a tiny fraction of the...
by Dan Mitchell | Oct 4, 2021 | Blogs, Taxation
There are lots of reasons (here are five of them) to dislike the version of the Biden tax hike that was approved by the tax-writing committee in the House of Representatives. From an economic perspective, it is bad for prosperity to penalize work,...
by Dan Mitchell | Sep 27, 2021 | Blogs, Taxation
Biden wants lots of class-warfare tax increases to fund a big increase in the welfare state. That would be bad news for the economy, but his acolytes claim that voters favor the president’s approach. Maybe that’s true in the United...
by Dan Mitchell | Sep 24, 2021 | Big Government, Blogs, Economics, Government Spending, Taxation
More than 12 years ago, I shared this video containing lots of data and research on the negative relationship between government spending and economic performance. Since then, I’ve share numerous additional studies showing that bigger government dampens...
