by Dan Mitchell | Oct 12, 2020 | Blogs, Crime, Society
One of the best political cartoons I’ve ever seen was this gem from Glenn McCoy. It very effectively captures how greedy local governments breed resentment and create conflict by using the law to fleece residents (and it definitely will be featured if I ever do...
by Dan Mitchell | Sep 18, 2020 | Big Government, Blogs, Taxation
New Jersey is a tragic example of state veering in the wrong direction. Back in the 1960s, it was basically like New Hampshire, with no income tax and no sales tax. State politicians then told voters in the mid-1960s that a sales tax was needed, in part to reduce...
by Dan Mitchell | Sep 17, 2020 | Blogs, Taxation
Every single economic school of thought agrees with the proposition that investment is a key factor in driving wages and growth. Even foolish concepts such as socialism and Marxism acknowledge this relationship, though they want the government to be in charge of...
by Dan Mitchell | Aug 17, 2020 | Blogs, Economics
In 2018, I shared a video from Professor Russ Roberts (a.k.a., @econtalker) on the economic status of the middle class, followed by a video last year on whether the rich are the only ones earning more income. Today, we’ll look at his video on household income and...
by Dan Mitchell | Aug 12, 2020 | Blogs, Taxation
Speculating about tax policy in 2021, with Washington potentially being controlling by Joe Biden, Chuck Schumer, and Nancy Pelosi, there are four points to consider. The bad news is that Joe Biden has endorsed a wide range of punitive tax increases. The good news is...
