by Dan Mitchell | May 4, 2021 | Big Government, Blogs
There are all sorts of long-running battles in the economics profession, perhaps most notably the never-ending dispute about Keynesian economics. Another contentious issues is the degree to which society should accept less growth in order to achieve...
by Dan Mitchell | Apr 23, 2021 | Blogs, Capital Gains, Taxation
Because of the negative impact on competitiveness, productivity, and worker compensation, it’s a very bad idea to impose double taxation of saving and investment. Which is why there should be no tax on capital gains, and a few nations...
by Dan Mitchell | Apr 10, 2021 | Big Government, Blogs, Taxation
The International Monetary Fund’s dogmatic support for higher taxes and bigger government makes it “the dumpster fire of the global economy.” Wherever IMF bureaucrats go, it seems they push for high-tax policies that will weaken growth. That’s...
by Dan Mitchell | Apr 2, 2021 | Blogs, Taxation
It’s simple to mock Democrats like Joe Biden, Alexandria Ocasio-Cortez, and Bernie Sanders. One reason they’re easy targets is they want people to believe that America can finance a European-style welfare state with higher taxes on the rich....
by Dan Mitchell | Apr 1, 2021 | Blogs, Taxation
I have a four-part series (here, here, here, and here) about the conceptual downsides of Joe Biden’s class-warfare approach to tax policy. Now it’s time to focus on the component parts of his agenda. Today’s column will review his plan for a big...
