by Dan Mitchell | Nov 13, 2020 | Blogs, Economics, Taxation
During the campaign, Joe Biden proposed a massive tax increase, far beyond what either Barack Obama or Hillary Clinton put forth when they ran for the White House. Some people speculate that Biden isn’t actually that radical, and that his class-warfare agenda was...
by Dan Mitchell | Oct 30, 2020 | Blogs, Uncategorized
I wrote last year about Democrats favoring certain tax breaks that overwhelmingly benefit the rich. The state and local tax deduction is an obvious example, but Democrats also are big fans of the tax exemption for municipal bond interest and other provisions that...
by Dan Mitchell | Oct 14, 2020 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Bernie Sanders was considered a hard-core leftist because his platform was based on higher taxes and higher spending. Elizabeth Warren also was considered a hard-core leftist because she advocated a similar agenda of higher taxes and higher spending. And Joe Biden,...
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...
