by Dan Mitchell | Jan 15, 2020 | Big Government, Blogs, Economics, Socialism
I’ve written about some of Elizabeth Warren’s statist proposals, but watching last night’s Democratic debate convinced me that I need to pay more attention to Bernie Sanders’ agenda. When he ran for president last time, I warned that his platform of $18 trillion of...
by Dan Mitchell | Jan 14, 2020 | Blogs, Economics, States, Tax Competition, Taxation
I wrote last week about the ongoing shift of successful people from high-tax states to low-tax states. And I’ve periodically confirmed this trend by doing comparisons of high-profile states, such as Texas vs. California and Florida vs. New York. Today, I’m going to...
by Dan Mitchell | Jan 3, 2020 | Blogs, Taxation
I want more people to become rich. That’s why I support free markets. But a few already-rich people say such silly things that I wonder whether a big bank account somehow can lead to a loss of common sense. For background information on this issue, there’s...
by Dan Mitchell | Dec 18, 2019 | Blogs, States
Based on rhetoric, the Democratic Party is committed to a class-warfare agenda. They want higher income tax rates, higher capital gains taxes, higher Social Security taxes, higher death taxes, a new wealth tax, and many other tax hikes that target upper-income...
by Dan Mitchell | Dec 6, 2019 | Big Government, Blogs, Economics, Government Spending, Taxation
Arthur Okun was a well-known left-of-center economist last century. He taught at Yale, was Chairman of the Council of Economic Advisors for President Lyndon Johnson, and also did a stint at Brookings. In today’s column, I’m not going to blame him for any of LBJ’s...
