by Dan Mitchell | Jan 1, 2013 | Blogs, Economics, Europe, Taxation
Back in mid-2010, I wrote that Portugal was going to exacerbate its fiscal problems by raising taxes. Needless to say, I was right. Not that this required any special insight. After all, no nation has ever taxed its way to prosperity. We’re now at the end of 2012 and...
by Dan Mitchell | Dec 31, 2012 | Blogs, Economics, Laffer Curve, Taxation
Back in September, I shared a very good primer on the capital gains tax from the folks at the Wall Street Journal, which explained why this form of double taxation is so destructive. I also posted some very good analysis from John Goodman about the issue....
by Dan Mitchell | Dec 30, 2012 | Blogs, Economics, Taxation
In some ways, it would be fun to be a leftist. No, I’m not talking about living a life of idleness and letting others pay my bills, though I suppose that’s tempting to some people. And I’m not talking about becoming a Washington insider and using corrupt connections...
by Dan Mitchell | Dec 28, 2012 | Blogs, Taxation
Like most people, I’m a sucker for a heartwarming story around the holidays. Sometimes, you get that nice feeling when good things happen to good people, like you find at the end of a classic movie like “It’s a Wonderful Life.” But since I’m a bit of a curmudgeon, I...
by Dan Mitchell | Dec 10, 2012 | Big Government, Blogs, Economics, Government Spending, Taxation
It’s never a good idea to display weakness during negotiations. Your opponent will sense your fear and up his demands. That’s certainly what we’re seeing in Washington. The cartoon at this link captures the GOP’s wobbly attitude on taxes, and this interview is about...
