by Dan Mitchell | Aug 1, 2025 | Blogs, Taxation
I’ve written a couple of columns (in 2016 and earlier this year) about how upper-income taxpayers finance the vast majority of the welfare state. The data I shared involved the federal budget in Washington. And I explained that the Bernie-AOC crowd,...
by Dan Mitchell | Jul 31, 2025 | Blogs, Capital Gains, Taxation
The Laffer Curve provides incredibly important insights about tax policy. Most important, it informs us that you don’t measure the revenue impact of tax policy changes merely by looking at what is happening to tax rates. You also have to...
by Dan Mitchell | Jul 26, 2025 | Big Government, Blogs
I’ve already shared four contestants for the counter-tweet of the year. Slapping down a leftist who wanted people to think freebies are the route to political success. Slapping down a leftist who wanted people to think capitalism is correlated with poverty. Slapping...
by Dan Mitchell | Jul 3, 2025 | Blogs, Taxation
Back in 2016, I sarcastically opined that our leftist friends should be nice to upper-income taxpayers. Why? Because those are the people who pay a hugely disproportionate share of taxes. So if you like big government, you should be very friendly...
by Dan Mitchell | Jun 30, 2025 | Blogs, Economics, Socialism
Yesterday’s column mocked the the socialist mayoral candidate who won the Democratic primary in New York City. As I noted, Zohran Mamdani is an AOC-style hard-core leftist who wants to travel in the wrong direction as far and as fast as Javier...
