by Dan Mitchell | Mar 22, 2021 | Blogs, Economics, Taxation
As part of a video debate last year (where I also discussed wealth taxation, poverty reduction, and the inadvisability of tax increases), I pontificated on the negative economic impact of class-warfare taxation. To elaborate, I’m trying to help people understand why...
by Dan Mitchell | Mar 21, 2021 | Blogs, Taxation
My Eighth Theorem of Government is very simple. If someone writes and talks about poverty, I generally assume that they care about poor people. They may have good ideas for helping the poor, or they may have bad ideas. But I usually don’t...
by Dan Mitchell | Feb 27, 2021 | Blogs, Taxation
I’m not a big fan of the Organization for Economic Cooperation and Development. Simply stated, the Paris-based international bureaucracy represents the interests of governments, and that means the OECD often pushes policies that serve the interests of...
by Dan Mitchell | Feb 21, 2021 | Blogs, Taxation
When politicians target “the rich” with class-warfare schemes like wealth taxes, it’s often ordinary people that bear the costs. For a painful example of how this works in the real world, check out the first 42 seconds of this video. From an economic...
by Dan Mitchell | Feb 12, 2021 | Blogs, Economics
I repeatedly write about inequality, largely in hopes of helping people, especially my left-leaning friends, understand that we should instead focus on other issues, such as economic opportunity and poverty reduction. In other words, let’s try to...