by Dan Mitchell | Jul 24, 2020 | Blogs, Economics, Laffer Curve, Supply Side, Taxation
I participated in a debate yesterday on “tax havens” for the BBC World Service. If you read last month’s two-part series on the topic (here and here), you already know I’m a big defender of low-tax jurisdictions. But it’s always interesting to interact with people...
by Dan Mitchell | Jul 17, 2020 | Blogs, Taxation
There are lots of millionaires in the world. About 20 million of them, including about 6 million of them in the United States. I’d like those numbers to increase, which is why I’m always advocating pro-market policies. Capitalism is not only superior to socialism,...
by Dan Mitchell | Jul 16, 2020 | Blogs, Economics, Socialism
Not all bad city governments are alike. In places like Chicago, local politicians generally impose bad policy because they’re buying votes (especially the votes of bureaucrats), not because they’re motivated by ideology. But as you can see from this video, some...
by Dan Mitchell | Jul 11, 2020 | Big Government, Blogs
I’ve already written that state governments shouldn’t get a bailout from Washington. Today, let’s specifically focus on California, a beautiful state that – as explained in this video – is being ruined by an even-worse-than-average collection of politicians. This...
by Dan Mitchell | Jun 28, 2020 | Blogs, Economics, Taxation
The good news is that Joe Biden has not embraced many of Bernie Sanders’ worst tax ideas, such as imposing a wealth tax or hiking the top income tax rate to 52 percent.. The bad news is that he nonetheless is supporting a wide range of punitive tax increases....