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Depressing Poll Proves Thatcher Was Right

Depressing Poll Proves Thatcher Was Right

by Dan Mitchell | Mar 13, 2026 | Blogs, Economics, Taxation

Why does the United Kingdom have very foolish tax policies? Well, it does have remarkably clueless politicians. But let’s also put part of the blame on the country’s suicidally stupid voters. Consider this new polling data. Big majorities of Labour and...
The Nightmare Scenario Leading to a Wealth Tax

The Nightmare Scenario Leading to a Wealth Tax

by Dan Mitchell | Mar 3, 2026 | Blogs, Taxation

Is it time to pack our belongings and head to Argentina, where Javier Milei is dramatically improving economic policy and cultural attitudes? I’m joking, but also not joking. The reason I’m not joking is that there’s a very depressing...
Will Denmark and/or the Netherlands Copy Norway’s Failed Wealth Tax?

Will Denmark and/or the Netherlands Copy Norway’s Failed Wealth Tax?

by Dan Mitchell | Mar 1, 2026 | Blogs, Taxation

Class-warfare tax policy is always a bad idea. Economists generally don’t like class-warfare policies because it is foolish to impose high marginal tax rates on productive behaviors such as investment and entrepreneurship. Politicians should not like...
Part II: Will California Commit Economic Suicide?

Part II: Will California Commit Economic Suicide?

by Dan Mitchell | Feb 10, 2026 | Blogs, Taxation

At the end of December, I wrote about the pro-spending lobbies pushing to put an insanely foolish retroactive wealth tax on the ballot later this year. I followed up last month with a column about rich people prudently escaping the state. Today,...
Exciting New Research on the Laffer Curve

Exciting New Research on the Laffer Curve

by Dan Mitchell | Jan 29, 2026 | Blogs, Economics, Laffer Curve, Taxation

Unless you’re a policy wonk, I realize “exciting” may not be the right word to describe new developments in public-finance economics. For nerds, however, three economists at the Joint Committee on Taxation have some important new research on the Laffer...
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