by Dan Mitchell | Oct 29, 2024 | Blogs, Taxation
What’s the most radical part of Kamala Harris’ agenda? I’m tempted to say it’s what she has said about wanting the Marxist notion of “equality of outcomes.” But I suspect (or hope!) that’s just empty campaign rhetoric. If we look at the specific ideas...
by Dan Mitchell | Oct 23, 2024 | Blogs, Economics, Taxation, Trade
I’m not a fan of the International Monetary Fund, mostly because of the bureaucracy’s support for bailouts and higher taxes. Those are terrible policies for the global economy. If you want to add insult to injury, the IMF’s forecasting ability also...
by Dan Mitchell | Oct 15, 2024 | Blogs, Crime, Society
I normally despise people who promote class warfare. Assuming someone has earned money honestly (and not via cronyism, bailouts, subsidies, protectionism, or industrial policy), I don’t care if that person earns millions of...
by Dan Mitchell | Sep 26, 2024 | Blogs, Economics, Taxation
On tax policy, our friends on the left are motivated by envy and hatred. As shown in this Stossel video, Robert Reich is a sad example of this mindset. John Stossel understates his argument. It’s not that Reich is wrong. He’s wildly wrong. There are four points in the...
by Dan Mitchell | Sep 5, 2024 | Blogs, Taxation
As part of her equality-of-outcomes agenda, Kamala Harris wants to impose lots of soak-the-rich tax increases on investors, entrepreneurs, business owners, and other upper-income taxpayers. Here’s a partial list (for the full list of class-warfare...
