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...
by Dan Mitchell | Mar 21, 2021 | Blogs, Taxation
My Eighth Theorem of Government is very simple. If someone writes and talks about poverty, I generally assume that they care about poor people. They may have good ideas for helping the poor, or they may have bad ideas. But I usually don’t...
by Dan Mitchell | Jan 3, 2019 | Blogs, Economics, Taxation
I despise the death tax. It should be abolished. My main objection is that it is immoral. If a person earns money, pays tax on the money, and then responsibly saves and invests the money (which generally requires paying another layer of tax), it is reprehensible that...
by Dan Mitchell | Nov 4, 2018 | Blogs, Economics, Taxation
There are three reasons why the right kind of tax reform can help the economy grow faster. Lower tax rates give people more incentive to earn income. Less double taxation boosts incentives to save and invest. Fewer loopholes improves incentives for economic...
by Dan Mitchell | Oct 8, 2018 | Blogs, Taxation
I’ve advocated for some of the President’s policies, but I’ve never defended Donald Trump when he’s personally attacked. That’s partly because I’m a policy wonk rather than political pundit, but also because many of the attacks seem justified. Indeed, his boorish...