by Dan Mitchell | May 8, 2017 | Blogs, Economics, Taxation
The tax system is bad news for professional sports, with plenty of anecdotal evidence showing that athletes (and even fans) get pillaged by government. Now we have some comprehensive academic research to augment the anecdotes. The Wall Street Journal opined today on a...
by Dan Mitchell | Apr 27, 2017 | Blogs, Economics, Taxation
I expressed pessimism yesterday about Trump’s tax plan. Simply stated, I don’t think Congress is willing to enact a large tax cut given the nation’s grim fiscal outlook. In this Fox Business interview, I elaborated on my concerns while also pointing out that the plan...
by Dan Mitchell | Apr 18, 2017 | Blogs, Economics, Taxation
My crusade against the border-adjustable tax (BAT) continues. In a column co-authored with Veronique de Rugy of Mercatus, I explain in the Wall Street Journal why Republicans should drop this prospective source of new tax revenue. …this should be an opportune time for...
by Dan Mitchell | Apr 15, 2017 | Blogs, Economics
I wrote yesterday about the most recent OECD numbers on “Average Individual Consumption” in member nations. There was a very clear lesson in that data about the dangers of excessive government. The United States was at the top in this measure of household living...
by Dan Mitchell | Apr 14, 2017 | Blogs, Economics
One of the more surreal aspects of the 2016 campaign was watching Bernie Sanders argue that the United States should become more like a European welfare state. Was he not aware that Europe had major problems such as high unemployment and a fiscal crisis? Didn’t he...
