by Dan Mitchell | Jul 2, 2016 | Big Government, Blogs, Welfare and Entitlements
As I’ve pointed out before, the big difference between the United States and Europe is not taxes on the rich. We both impose similar tax burden on high-income taxpayers, though Europeans are more likely to collect revenue from the rich with higher income tax rates and...
by Dan Mitchell | Apr 14, 2016 | Big Government, Blogs, Taxation
If you follow the contest between Hillary Clinton and Bernie Sanders, most of the tax discussion is about who has the best plan to squeeze the rich with ever-higher tax rates. For those motivated by spite and envy, Bernie Sanders “wins” that debate since he wants...
by Dan Mitchell | Mar 30, 2016 | Blogs, Economics, Laffer Curve, Taxation
Hillary Clinton and Bernie Sanders are basically two peas in a pod on economic policy. The only difference is that Sanders wants America to become Greece at a faster rate. Folks on the left may get excited by whether we travel 60 mph in the wrong direction or 90 mph...
by Dan Mitchell | Mar 29, 2016 | Blogs, Tax Competition, Taxation
I’m never surprised when politicians make absurd statements, but I’m still capable of being shocked when other people make outlandish assertions. Like the leftist policy wonk who claimed that capitalism is actually coercion, even though free markets are based on...
by Dan Mitchell | Mar 4, 2016 | Blogs, Economics, Tax Competition, Taxation
Federalism is a great idea, and not just because America’s Founders wanted a small and limited central government. It’s also a good idea because states are laboratories that teach us about the benefits of good policy and the costs of bad policy. And when we...
