by Dan Mitchell | Sep 19, 2022 | Blogs, Taxation
Every American school kid presumably learns about the Boston Tea Party and other events that culminated with the United States gaining independence from from the rule of King George III. Think of it as America’s first tax revolt. But that’s not the...
by Dan Mitchell | Jul 24, 2021 | Blogs, Capital Gains, Taxation
It’s presumably not controversial to point out that the Washington Post (like much of the media) leans to the left. Indeed, the paper’s bias has given me plenty of material over the years. As you can see, what really irks me is when the bias translates...
by Dan Mitchell | Jul 21, 2021 | Blogs, Capital Gains, Taxation
More than 10 years ago, I narrated this video explaining why there should be no capital gains tax. The economic argument against capital gains taxation is very simple. It is wrong to impose discriminatory taxes on income that is saved and...
by Dan Mitchell | May 12, 2021 | Blogs, Taxation
Back in 2015, I joked that my life would be simpler if I had an “automatic fill-in-the-blanks system” for columns dealing with the Organization for Economic Cooperation and Development. Here’s what I proposed. We can use this shortcut today because the OECD has...
by Dan Mitchell | May 7, 2021 | Blogs, Taxation
As an economist, I strongly oppose the wealth tax (as well as other forms of double taxation) because it’s foolish to impose additional layers of tax that penalize saving and investment. Especially since there’s such a strong...