by Dan Mitchell | Jan 13, 2017 | Big Government, Blogs, Welfare and Entitlements
Since I can’t even keep track of schools of thought on the right (libertarians, traditional conservatives, neocons, reform conservatives, compassionate conservatives, Trump-style populists, etc), I’m not going to pretend to know what’s happening on the left. But it...
by Dan Mitchell | Nov 13, 2016 | Blogs, Economics, Supply Side, Tax Competition, Taxation
Back in 2010, I shared a cartoon video making a very important point that there’s a big downside when class-warfare politicians abuse and mistreat highly productive taxpayers. Simply stated, the geese with the golden eggs may fly away. And this isn’t just theory. As...
by Dan Mitchell | Oct 29, 2016 | Blogs, States, Taxation
In just 10 days, voters will go to the polls and deal with the rather distasteful choice of Donald Trump and Hillary Clinton. In some states, they also will have an opportunity to vote for or against various ballot initiatives and referendums. Here are the five...
by Dan Mitchell | Oct 25, 2016 | Blogs, Economics
Based on what she’s been saying during the campaign, Hillary Clinton is a big fan of class warfare. She has put forth a series of “soak-the-rich” tax hikes designed to finance bigger government. Her official plan includes provisions such as an increase (“surcharge”)...
by Dan Mitchell | Sep 26, 2016 | Blogs, Economics, Taxation
What’s the worst possible tax hike, the one that would do the most economic damage? Raising income tax rates is never a good idea, and there’s powerful evidence from the 1980s about how upper-income taxpayers have considerable ability to change their behavior in...